Ariston Procurement Ltd

Ariston Procurement Ltd is a private limited company registered in England/Wales with the registration number 12745648. The company was founded four years ago on July 15, 2020, and registered at EC1N 8DX, United Kingdom, Holborn, London, Suite 138 Unit 3a, 34-35 Hatton Garden. The address is probably real as only two companes registered at the same address. Its status is active. The company operates in the retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c., the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets, the other human health activities industries. Officially, it has two owners or PSCs, two directors and no number of employees published. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. Without a functioning website, it’s impossible to determine if Ariston Procurement Ltd operates an online store, utilizes social media, or engages in digital marketing. It’s likely the business focuses on wholesale or direct sales to healthcare providers or other businesses, rather than direct-to-consumer retail.

Financially, Ariston Procurement Ltd presents a mixed picture. Current assets decreased by 17%, while net assets plummeted 8.8% to -£2,900. Bank borrowings decreased by 6.4% to £3,000, and cash reserves increased by a remarkable 2,500% to £79. Creditors also decreased by 6.4% to £3,000. The company’s small size helps it stay agile, but the negative equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The accounts were prepared using Taxfiler software.

The company’s financial statements indicate a period of adjustment. While cash reserves have improved significantly, the persistent negative equity suggests ongoing losses. It's possible the company is reinvesting profits back into the business, or facing challenges in managing its expenses. The accounts show that the company is using the historical cost convention and has been prepared in accordance with FRS 102 Section 1A - Small Entities. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Registered in England/Wales under the registration number 12745648, with a registered address at EC1N 8DX, United Kingdom, Holborn, London, Suite 138 Unit 3a, 34-35 Hatton Garden.

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