Artind Ltd

Artind Ltd from Brentwood UK is a small, active company founded seven years ago. With just £1 in assets and a virtual address shared by eighty other companies, it’s a modest operation run by two directors and a single owner, Sartogo Oliva. The company is a solo founder and irregular importer, primarily dealing in carpets and textile floor coverings, with just one month of imports recorded back in 2019. It operates in the artistic creation industries.

The company’s website is currently unavailable, making it difficult to assess its current business model. Without a website, it’s impossible to determine if Artind Ltd is engaged in e-commerce or relies on other sales channels.

Financially, Artind Ltd presents a mixed picture. Current assets have plummeted by a staggering 100%, leaving just £1 remaining, while net assets have increased by a remarkable 4700%, reaching £13,000. Fixed assets have also seen an incredible surge, jumping 4000000% to £40,000. However, bank borrowings have risen significantly, increasing by 170% to £26,000, and accrued liabilities have decreased by 64% to £2,000. Creditors have also increased by 100% to £27,000. The company meets two of three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The significant increase in fixed assets, coupled with the decrease in current assets, suggests a possible shift in the company's investment strategy. It’s possible the company has made a large, long-term investment, perhaps in equipment or property, which could be related to its artistic creation activities. However, the increased bank borrowings and the drop in cash reserves indicate that the company may be burning through money faster than it’s generating revenue, which is not uncommon for a startup. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Registered in England/Wales under the registration number 10892119, with a registered address at CM14 4BA, United Kingdom, Brentwood, Essex, 29a Crown Street.

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