Panda Ant Ltd

Panda Ant Ltd is a small, active company from Fareham, UK, established seven years ago in 2018. It’s a solo-founded venture employing just one person and holding £55,076 in assets, operating from a virtual address shared by many other businesses. The company has two directors and one owner, Michael Soffe Andrew. Panda Ant Ltd regularly imports toys, games, and sports equipment, with 30 months of import activity recorded, the latest in January 2025.

The company’s website, Ant Antics, focuses on the fascinating hobby of keeping ants. It caters to both beginners and experienced keepers, offering starter kits, live ants, formicariums, and related supplies. The site emphasizes easy-to-use kits, expert support, and even a physical shop in Carmarthen, Wales. It's clear the business is passionate about educating and equipping ant enthusiasts, with a blog offering advice and showcasing the wonders of ant colonies.

Financially, Panda Ant Ltd presents a mixed picture. While current assets rose slightly to £55,000, net assets dramatically improved from -£21,000 to a positive £1,800—a significant turnaround. Cash reserves increased by 9.1% to £37,000, and bank borrowings decreased by 17% to £35,000. Creditors decreased by 26%, suggesting better debt management. 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 nimble, but the dramatic improvement in equity raises questions about the factors driving this change. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s growth in equity and cash reserves is encouraging, suggesting a period of financial stabilization. However, the reliance on director loans and the lack of a formal audit warrant continued monitoring. It’s a small business, but it seems to be thriving on a niche market and a dedicated customer base.

Registered in England/Wales under the registration number 11278054, with a registered address at PO16 0EN, United Kingdom, Fareham, Hampshire, 203 West Street.

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