Auctionet Uk Ltd

Auctionet UK Ltd is a small holding company based in Westbury, UK, with an active status. Founded five years ago in May 2019, it employs five people and holds assets valued at £168,070. The company operates from a real address and is managed by three directors, with one owner. It regularly imports iron or steel products (eight months of activity, latest in December 2024) and exports art and antiques (122 months of activity, latest in February 2025).

The company's website showcases a diverse range of auction houses and items available for bidding. It's not a direct retailer, but rather a platform connecting buyers and sellers across Europe. The site lists hundreds of auction houses, specializing in everything from fine art and antiques to vintage cars and industrial equipment. The site's design is functional, but not particularly modern, and relies heavily on lists and search functionality. It's clear the focus is on providing a comprehensive search tool for auction enthusiasts, rather than a polished e-commerce experience.

Financially, Auctionet UK Ltd presents a mixed picture. Creditors decreased by 82%, which is good news, but net assets have fallen by a significant 98% to just -£41,000. Cash reserves have also dropped 32% to £56,000. Trade debtors have increased by 66%, which could indicate delayed payments or a change in credit policies. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises concerns. The company's auditors, Chalmers & Co (SW) Limited, signed off on the accounts.

Overall, Auctionet UK Ltd seems to be navigating a challenging financial landscape, despite its established role as a marketplace for auctions. The company's continued activity in both importing and exporting suggests a resilient business model, but the declining equity needs to be addressed for long-term sustainability.

Registered in England/Wales under the registration number 11995321, with a registered address at BA13 3QS, England, Westbury, Wiltshire, 1a Woodlands Industrial Estate.

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