Argos & Artemis Limited

Argos & Artemis Limited is a small, holding company registered in London, UK. Founded four years ago in January 2021, the company has two employees and holds £31,262 in assets. It operates from a virtual address – with 5631 other companies registered at the same location – and is currently active. The business runs an e-commerce site and is overseen by one director and one owner.

The company’s operations focus on retail, specifically the sale of cosmetic and toilet articles, flowers, plants, seeds, fertilizers, pet animals, and pet food, both online and through mail order. It’s a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financial data reveals a mixed picture. While cash reserves increased by a substantial 180% to £1,600, net assets plunged 170% to -£59,000 – a significant drop. Liabilities have also risen considerably, with creditors increasing by 110% to £92,000. Trade debtors decreased slightly, by 3.4% to £2,700. The company’s raw materials and consumables increased by 53% to £27,000. The lack of employees (just two reported) suggests a lean operation, and the accounts are unaudited, likely due to its small size.

The company’s financial situation appears to be challenging, with losses mounting despite increased cash flow. It’s possible that the company is investing heavily in its e-commerce platform or expanding its product range, which could explain the increased liabilities and decreased equity. It would be good to see how the company is managing its debts and whether it has a plan to improve its profitability.

Registered in England/Wales under the registration number 13120334, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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