Axilo Ltd

Axilo Ltd from London UK: small company, active status, founded 4 years ago, 1 employee, £262,126 assets, virtual address, 1 director, 1 owner, solo founder. It’s a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. 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 one employee.

While Axilo Ltd’s website is currently unavailable, its business model appears to focus on online retail. The company likely leverages e-commerce platforms to reach customers, offering products directly to consumers through its own site or third-party marketplaces. It's hard to tell exactly what they're selling without a working website, but the retail sale via mail order houses or via internet industries suggests a broad range of consumer goods.

Financially, Axilo Ltd presents a mixed picture. Current assets have significantly dropped, falling 75% to £260,000. Cash bank on hand has also seen a dramatic decrease, plummeting 71% to £140,000. Creditors have also decreased by 80%, which is a positive sign. However, the sharp decline in assets and cash reserves, coupled with increased bank borrowings, suggests the company is burning through money. The increase in equity, though, is a small positive. The company's small size and solo founder status likely contribute to its agility, but the financial pressures are evident. The accounts are unaudited, which is common for small companies, and there is no mention of an auditor. It's worth noting that the list of owners and directors was changed four years ago, and it’s not exhaustive.

Registered in England/Wales under the registration number 12859165, with a registered address at EC1V 2NX, England, London, 124 City Road.

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