Aurum Bullion Plc

Aurum Bullion Plc, a London-based company, is a large operation founded two years ago. Despite being active, the company is currently 14 days overdue on its accounts, a slight concern. With just two employees, it manages a substantial £503,065 in assets and generates £103,852 in yearly revenue. It operates from a real address and is overseen by four directors and one owner. The company also runs an e-commerce site.

Aurum Bullion Plc specializes in the sale of gold coins, catering to collectors and investors. Its website prominently features UK Sovereign coins, highlighting their potential for inflation resistance and long-term growth. The site also delves into numismatic coins, emphasizing their historical significance and collectability. They offer a range of services, including CGT-free investments, graded coin sets, and expert advice on building a gold portfolio. The website even has a blog with market insights and articles on gold investing.

Financially, Aurum Bullion Plc presents a mixed picture. While it holds a significant £500,000 in current assets, its net assets are negative at -£10,000, indicating accumulated losses. Bank borrowings have increased, reaching £29,000, and cash reserves are low at £45,000. Trade debtors have also increased, suggesting delayed customer payments. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) allows for flexibility, but the negative equity is something to keep an eye on. The company's financial statements are unaudited, so the numbers are director-reported.

Overall, Aurum Bullion Plc seems to be navigating a challenging environment. While its e-commerce platform and focus on numismatic coins show promise, the company’s financial performance suggests it's burning through money. Whether it can sustain its operations and capitalize on the growing interest in gold remains to be seen.

Registered in England/Wales under the registration number 14346693, with a registered address at EC1N 8LE, United Kingdom, London, Fifth Floor, Suite 23, 63 - 66 Hatton Garden.

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