Ata Sameday Ltd

Ata Sameday Ltd, based in Didcot, UK, is a small holding company with an active status, established four years ago. The company employs just two people and holds assets valued at £1,834,762. It has five directors and a single owner, and operates from a real address shared by only one other company. Ata Sameday is an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with the last import operation occurring one month ago in September 2023.

The company’s website highlights its services as a same-day courier and logistics specialist, offering a range of solutions from same-day deliveries to warehouse storage and specialist services. It emphasizes its nationwide reach, dedicated drivers, and a large fleet of vehicles available 365 days a year. The website also details a separate division, ATA Sameday, which specializes in piano restoration and disaster recovery, catering to a high-end market with museum-grade restorations and self-play system integrations. The company’s website states it operates in the unlicensed carrier industries.

Financially, Ata Sameday Ltd’s recent report paints a picture of rapid growth, but also increasing debt. Net assets have surged by 430%, reaching £810,000, driven by a substantial increase in retained earnings. However, bank borrowings have also skyrocketed by 510%, reaching £740,000, and creditors have increased by 160%, hitting £1.1 million. The number of employees has also seen a dramatic increase, jumping from two to eighteen—a 800% increase. Cash reserves have grown to £610,000, but the significant increase in liabilities suggests the company is likely burning through cash to fuel its expansion. Trade debtors have also increased considerably, by 330%, indicating potential issues with customer payments. The company is exempt from an audit, so the figures are unaudited.

The company’s rapid growth and increasing debt suggest a period of significant investment and expansion. While the increased liabilities are a concern, the company’s strong revenue growth and the diversification into the piano restoration market indicate a potential for long-term success.

Registered in England/Wales under the registration number 13390854, with a registered address at OX11 7HL, England, Didcot, Oxfordshire, 5 The Cobden Centre.

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