Article Agency Ltd

Article Agency Ltd, based in Pinner, UK, is a small holding company with an active status, established nine years ago in 2016. The company employs seven people and holds £2,140,615 in assets. It operates from a virtual address, a detail flagged by the presence of sixteen companies registered at the same location, and is overseen by two directors and one owner. Article Agency Ltd irregularly imports and exports furniture, lighting, and prefabricated buildings, with limited activity recorded over the past few years (one month of imports in 2016 and one month of exports in 2021). The company’s website is currently unavailable, making it difficult to assess its online presence and business model. It operates in the other business support service activities n.e.c. industries.

Financially, Article Agency Ltd presents a mixed picture. While current assets remain relatively stable at around £2.1 million, there are some concerning trends. Cash reserves have drastically fallen, dropping 99% to a mere £6,100. Bank borrowings, while small, have decreased by 20%, and trade debtors have seen a significant decline – 53%, falling to £440,000. Creditors have also increased substantially, rising by 280%, reaching £77,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in cash and the increase in creditors suggest potential liquidity issues. It’s worth noting that the company is exempt from an audit, so the financial data is unaudited. The company’s owner is Panther Marketing Ltd, and the directors are Solari Paulo Antonio and Walker Matthew.

Registered in England/Wales under the registration number 09975220, with a registered address at HA5 5AF, England, Pinner, First Floor, 10 Village Way.

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