Atelier Areti Ltd

Atelier Areti Ltd from London UK: a small, active company established sixteen years ago, employs twelve people, and holds £515,169 in assets. It’s a family business with two directors and two owners, operating from a real address. The company regularly imports furniture, lighting, and prefabricated buildings—six months of import activity recorded, with the latest in January 2024.

The company’s website showcases a curated selection of furniture, lighting, and decorative objects, with a focus on unique designs and handcrafted pieces. It offers a range of products, from desk lights and floor lamps to pendant and ceiling lights, alongside a journal, gallery, and archive sections. There's also a section dedicated to customizations, contract distribution, and FAQs. It’s clear Atelier Areti is positioning itself as a purveyor of high-end, artistic home furnishings, and even has a contract distribution arm.

Financially, Atelier Areti Ltd presents a mixed picture. Cash bank on hand has dropped significantly, down 69% to £110,000. Bank borrowings have increased dramatically, up 230% to £34,000, which could indicate increased investment or working capital needs. Creditors have risen 60% to £150,000, while trade debtors have surged 94% to £270,000—a significant increase in outstanding payments. Equity has fallen 43% to £130,000, which is a concerning trend. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants closer scrutiny. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Registered in England/Wales under the registration number 06713209, with a registered address at SW11 3DE, London, 90 Shuttleworth Road.

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