Aureya Ltd

Aureya Ltd from London UK: small company, active status, founded 8 years ago, real address, 1 director, 1 owner, solo founder, e-commerce site. Aureya Ltd is a private limited company registered in England/Wales with the registration number 10529903. The company was founded eight years ago on December 2016, and registered at W2 6BA, England, London, Flat-1, 23 Bishops Bridge Road. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website, while not explicitly detailed, suggests a focus on e-commerce. It’s likely the business operates an online store, selling goods directly to consumers. Further investigation would be needed to determine the specific products offered and the scale of its online presence.

Financially, Aureya Ltd presents a mixed picture. Bank borrowings decreased significantly by 49%, dropping to £18,000, which could indicate improved cash flow management. However, bank overdrafts increased by a substantial 120%, reaching £15,000, suggesting a greater reliance on short-term financing. Creditors also rose by 120%, reaching £27,000, which may be related to increased stock purchases to support e-commerce operations. Despite this, debtors remained constant at £7,000. Equity decreased by 9%, resulting in a net assets liability of -£45,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions about its long-term financial stability. With no auditor mentioned, the figures rely on unaudited statements.

In short, Aureya Ltd is navigating a challenging financial landscape. While it has managed to reduce its bank borrowings, increased overdrafts and rising creditors suggest a need for careful cash flow monitoring. The solo founder model, while efficient, could also place a strain on the business, and the company should probably look into getting some help.

Registered in England/Wales under the registration number 10529903, with a registered address at W2 6BA, England, London, Flat-1, 23 Bishops Bridge Road.

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