Azure Drinks Ltd

Azure Drinks Ltd, based in Romford, UK, is a small, family-run business that's been active for a decade. Founded in 2015, the company currently holds £33,997 in assets, operates from a real address, and is managed by three directors and two owners. Despite its longevity, the company is two years overdue on both its accounts and confirmation statements—a bit concerning.

Azure Drinks operates primarily in the retail sale via mail order houses or via internet industries. The company's website, the7.co.uk, lists a wide range of cities across the UK, suggesting a broad distribution network. It appears to be an e-commerce business, selling drinks and potentially other products, though the site’s design is a little dated. There's also a mention of related companies, Azure Building Services Ltd and Azure Cleaners Trafford Ltd, hinting at possible diversification.

Financially, Azure Drinks Ltd presents a mixed picture. Cash reserves have seen a massive increase of 41,000%, jumping to £26,000—a very positive sign. However, net assets have also increased by 120%, reaching -£13,000, which is not good. Creditors have decreased by 19%, which is good. 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 remain flexible, but the decrease in equity is something to keep an eye on. With no auditor mentioned, the figures are unaudited.

Overall, Azure Drinks Ltd seems to be navigating a challenging period. The significant increase in cash reserves suggests a recent influx of funds, but the negative equity and overdue filings indicate potential financial pressures. It’s a small business trying to keep its head above water, and its future success will likely depend on its ability to manage its finances and adapt to changing market conditions.

Registered in England/Wales under the registration number 09424697, with a registered address at RM2 5UD, United Kingdom, Romford, Essex, 4 James Close, Gidea Park.

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