Awesome Arts Europe Ltd

Awesome Arts Europe Ltd from Poole UK: a small, active company founded seven years ago, currently has accounts and confirmation statements overdue for a year, holding £20,380 in assets. It’s a one-person show, with a single director and owner, and operates from a real address shared by two other businesses. Despite its small size, it’s an irregular exporter of printed materials like books, newspapers, and pictures, with just two months of export activity recorded, the last in August 2024.

The company’s website reveals it operates in retail sales via stalls and markets, mail order, and online – a fairly standard mix. It’s unclear if there’s a dedicated e-commerce presence beyond these channels, but the business seems focused on direct sales.

Financially, Awesome Arts Europe Ltd is showing some concerning trends. Net assets have plummeted by a staggering 7,900%, landing at -£20,000, a significant shift from the previous year. Cash reserves have also shrunk by 83%, down to a meager £670. Bank borrowings, however, have increased by 2,400%, reaching £32,000 – a sign the company may be relying on credit to keep afloat. Creditors have also increased, although not as dramatically, suggesting some pressure on payments. Despite these challenges, debtors have risen significantly, indicating a possible reliance on delayed payments from customers. The company's small size—meeting two of three criteria for a small company—helps with agility, but the sharp decline in equity is something to watch. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Awesome Arts Europe Ltd is facing a tough time. While its retail operations seem to be ongoing, the financial picture suggests it's burning through money. It’s unclear if this is a temporary setback or a longer-term issue, but the company will need to address these trends to ensure its survival.

Registered in England/Wales under the registration number 11173822, with a registered address at BH14 8JQ, Poole, Dorset, 47 Anthonys Avenue.

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