Artav Limited

Artav Ltd from Middlesbrough UK is a small holding company with an active status, established twelve years ago in 2012. The company employs eight people and holds assets totaling £2,843,449. It has a real address, is managed by one director and owned by one entity. Artav Ltd regularly imports and exports electrical machinery and equipment, with 24 months of import activity and 33 months of export activity recorded as of October 2024.

The company operates in the artistic creation industries. It's a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. While the company's website isn't available, it’s clear that Artav Ltd is focused on the import and export of electrical machinery and equipment.

Financially, Artav Ltd shows some interesting trends. Property plant and equipment gross cost decreased by 94%, while net assets increased by 58%. Cash reserves grew by 78% to £820,000, which is a good sign. However, bank borrowings decreased by 24%, and creditors increased significantly by 580%. Corporation tax payable increased dramatically by 1300%, which could indicate a higher profit but also potential tax liabilities. Despite this, the company’s net current assets increased by 230%, suggesting improved liquidity. The company’s financial statements were prepared in accordance with FRS 102, and no auditor is mentioned, likely due to its status as a small company.

It seems Artav Ltd is experiencing growth and increased assets, but the substantial increase in creditors and corporation tax payable warrants further observation. The company’s focus on electrical machinery and equipment, combined with its small size and active trading status, positions it for continued operation, but it’s important to monitor its debt management and tax obligations.

Registered in England/Wales under the registration number 08163611, with a registered address at TS2 1PT, United Kingdom, Middlesbrough, Unit 1 3 Startforth Road.

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