Atlantis Office Limited

Atlantis Office Ltd from Colchester UK: a small, active company established 14 years ago, employs three people, and holds £660,327 in assets. Boasting a real address and a 5.0 Google rating from 23 reviews, it’s a well-regarded business. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with recent activity recorded just two months ago. It has one director and one owner, although the owner list may not be exhaustive.

The company operates in the wholesale of office furniture, offering a wide range of products from chairs and desks to storage solutions and accessories. Its website showcases a comprehensive catalog with detailed product descriptions and competitive pricing. It also offers space planning, installation, and even a showroom by appointment. The site emphasizes expertise and customer service, positioning Atlantis Office as a reliable partner for businesses seeking quality office furniture.

Financially, Atlantis Office Ltd presents a mixed picture. Cash bank on hand has fallen significantly by 74%, dropping to £140,000. Creditors have also decreased, both within and after one year, suggesting improved debt management. However, trade debtors have surged by a staggering 1700%, potentially indicating delayed customer payments or an expansion of credit terms. Equity has increased by 58%, with retained earnings accumulating, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There’s no mention of an auditor, likely due to its small size and exemption from an audit.

The significant increase in debtors, however, warrants attention. It could be a temporary blip or a sign of underlying issues with customer payments. While the company’s Google rating and comprehensive product range suggest a healthy business, the financial data indicates a need for careful monitoring and proactive debt collection strategies.

Registered in England/Wales under the registration number 07396459, with a registered address at CO2 8HL, United Kingdom, Colchester, Ivell House, Commerce Way.

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