Arg Flex Ltd

Arg Flex Ltd is a small, active company based in London, UK, founded six years ago in 2019. The company holds £24,330 in assets and operates a real address, with one director and owner – a solo founder. It runs an e-commerce site and irregularly imports rubber and rubber products, with the last import operation occurring in April 2024. The business is involved in wholesale hardware, plumbing, and heating supplies, as well as retail sales via mail order and internet.

The company’s website is minimal, focusing on its core business: the wholesale and retail of hardware, plumbing, and heating equipment. There's no elaborate online store, suggesting a business-to-business focus or reliance on other channels.

Financially, Arg Flex Ltd presents a mixed picture. Current assets have increased by 34% to £24,000, while net assets have decreased by 8.9% to -£9,900. Bank borrowings have dropped by 100% to zero, but overdrafts have increased to £34,000. Trade debtors have seen a massive increase of 8000% to £23,000, while creditors have decreased by 100% to zero. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the negative equity and increased overdrafts raise concerns. The accounts are unaudited and prepared under the historical cost convention, and no auditor is mentioned. It’s likely exempt from an audit due to its small size.

Registered in England/Wales under the registration number 11846753, with a registered address at E18 1AN, United Kingdom, London, First Floor, 107 George Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.