Ariel's Creations Limited

Ariel S Creations Ltd from Ilford UK is a small, active company founded two years ago. It’s a solo venture, managed by a single director and owner, and employs just one person. The company holds £21,878 in assets and operates from a virtual address, shared by sixty-seven other businesses. It's been incorporated since February 02, 2023.

Ariel S Creations Ltd specializes in retail sales via mail order and the internet. Its website, while basic, showcases a range of handmade jewelry and accessories, suggesting a focus on unique, crafted items. The business appears to be a small-scale operation, catering to a niche market.

Financially, Ariel S Creations Ltd presents a mixed picture. Current assets are reported at £22,000, while net assets are a negative £24,000. This indicates the company is operating at a loss, and its equity is in the negative. Bank borrowings are £56,000, and creditors are £97,000. The company's small size (meeting two of three criteria for a small company) means it’s exempt from an audit, and the accounts are unaudited. It's worth noting that the company's property, plant, and equipment are valued at £51,000, and depreciation charges are £5,900.

It seems the company is burning through cash, relying on loans from its director to stay afloat. The negative equity suggests the business is struggling to generate profit, and the reliance on debt is a concern. However, the company's solo founder status allows for agility, and the online retail model keeps overheads relatively low. It's possible the company is in a growth phase, reinvesting profits back into the business, but the current financial trends are not encouraging.

Registered in England/Wales under the registration number 14633719, with a registered address at IG1 1BF, England, Ilford, Balfour Business Centre, 390-392 High Road.

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