Ark One Group Ltd

Ark One Group Ltd, based in Chinnor, UK, is a small, active company established six years ago. With two employees and £238,746 in assets, it's a modest operation led by two directors and a single owner. The company boasts a stellar 5.0 Google rating from two reviews, reflecting positive customer experiences. It’s a regular importer of wood and wood products, with 50 months of import activity recorded, the latest in December 2024.

The company operates in the floor and wall covering industries, as evidenced by its website, Ark One. The site showcases luxury wood flooring options, with a focus on high-end restoration and bespoke installations. It has a physical address in Princes Risborough, Bucks, and offers a contact form for inquiries. The website also includes a section for FAQs, privacy policies, and terms and conditions, demonstrating a commitment to transparency and customer service.

Financially, Ark One Group Ltd presents a mixed picture. Current assets decreased by 34% to £240,000, while net assets plummeted 51% to £67,000. Bank borrowings decreased by 36% to £18,000, and cash reserves increased by 57% to £96,000. Creditors decreased by 17% to £260,000, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's financial data shows a concerning trend of decreasing equity, despite increased cash reserves. While the company has managed to reduce its creditors, the decrease in net assets suggests it's burning through money. It's possible that increased operating expenses or investments in inventory are contributing to this trend, but it’s also possible that the company is struggling to generate sufficient revenue. With no mention of an auditor, it’s difficult to assess the true financial health of Ark One Group Ltd.

Registered in England/Wales under the registration number 11592757, with a registered address at OX39 4BS, England, Chinnor, Oxfordshire, The Dower House, Chinnor Hill.

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