Ab Ovo Limited

Ab Ovo Limited is a small, active company based in London, UK, founded four years ago in 2020. It employs just one person and holds £888,181 in assets, operating from a virtual address shared by many other businesses. The company is run by a solo founder, Giovanelli Sarah Louise, who also serves as its director and owner. It’s a private limited company registered in England/Wales. The company operates in the artistic creation industries.

The company’s core business involves importing furniture, lighting, and prefabricated buildings—though its import activity is irregular, with just one month of imports recorded as of August 1, 2023. It’s unclear what the company’s artistic creation activities entail, but the import focus suggests a potential link to design or interior decorating.

Financially, Ab Ovo Limited presents a mixed picture. Current assets have increased by 20% to £890,000, while net assets have grown significantly, jumping 86% to £1.2 million. However, cash bank on hand has decreased by 22% to £380,000. Trade debtors have increased dramatically by 98%, potentially indicating delayed customer payments or expanded credit terms. Creditors have also risen by 10%, suggesting increased short-term obligations. Bank borrowings have decreased by 100%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors warrants closer monitoring. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Ab Ovo Limited appears to be growing, but the rising trade debtors could pose a challenge in the future. It’s a lean operation, and the solo founder seems to be managing it well, but continued financial discipline will be crucial for long-term success.

Registered in England/Wales under the registration number 12939948, with a registered address at W1D 1LP, England, London, Third Floor, 104-108 Oxford Street.

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