Atish Enterprises Limited

Atish Enterprises Limited, based in Benfleet, UK, is a small, active company founded ten years ago. With a single employee and £143,902 in assets, it operates from a virtual address, a detail flagged by the presence of 173 other companies registered at the same location. Two directors and one owner, Patel Atish, manage the business, which has a stellar 5.0 Google rating based on two reviews. The company regularly imports miscellaneous metal items, with the last import recorded three months ago in October 2024.

The company’s website reveals a broader scope than initially apparent. It's a provider of CCTV security systems, computer sales and services, biometric attendance systems, video door phones, digital locks, and refurbished computers, serving Pune, India. The site emphasizes innovation, experience, and client-centricity, targeting both commercial and residential customers. It even has a blog section, demonstrating an effort to build authority in the security and technology space.

Financially, Atish Enterprises Limited presents a mixed picture. While current assets increased by 29% to £140,000, net assets decreased by 31% to -£110,000. Bank borrowings saw a significant surge, increasing by 2,400% to £29,000, and cash reserves plummeted 81% to just £36. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a mentioned auditor is consistent with its status as a small, exempt company.

The sharp decrease in equity, coupled with the increased borrowings, suggests the company is burning through cash. However, the growth in current assets indicates increased sales, which could be a sign of a turnaround. It's likely that the company is reinvesting in its business to expand its offerings and capture a larger market share, but it will need to manage its cash flow carefully to avoid financial distress.

Registered in England/Wales under the registration number 09508966, with a registered address at SS7 2QL, England, Benfleet, Essex, Broom House 39/43 London Road, Hadleigh.

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