Asceno Limited

Asceno Ltd from London UK: a small, active company founded sixteen years ago in 2008, employs seven people, and holds £587,249 in assets. It operates from a real address and is led by one director and two owners, running an e-commerce site specializing in clothing and accessories—not knitted or crocheted—both imported and exported regularly. The company's top import and export categories include clothing and accessories, not knitted or crocheted, with 151 months of import activity and 255 months of export activity recorded.

Asceno's website, ASCENO Official Site, showcases a resort and ready-to-wear brand with a heritage in sleepwear. It emphasizes comfort, ease, versatility, and responsibility, offering a range of clothing, pyjamas, and swimwear. The site’s design is clean and modern, featuring high-quality photography and detailed product descriptions. It also has a blog with vacation packing tips and sleep lounge ideas.

Financially, Asceno Ltd’s recent performance presents a mixed picture. Current assets have decreased by 13% to £590,000, while net assets have increased by 180% to £200,000. Bank borrowings have been reduced by 85%, which is a positive sign. However, cash reserves have fallen by 71% to £60,000. Trade debtors have decreased by 20%, suggesting improved collections, but creditors have also decreased by 59%, which could indicate a need to negotiate better payment terms. The company's small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the decrease in cash reserves is something to watch. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Asceno Ltd seems to be navigating a period of transition. While the e-commerce site appears to be active and well-designed, the financial numbers suggest that the company is burning through cash. Whether it can sustain its growth trajectory remains to be seen—but its focus on quality and customer service gives it a good foundation for the future.

Registered in England/Wales under the registration number 06628422, with a registered address at W14 0EE, England, London, Unit Shg.07 The Shepherds Building, Charecroft Way.

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