St Albans Ltd

St Albans Ltd from London UK: a small, active company founded eight years ago, is facing some financial headwinds. Employing just four people and holding £47,320 in assets, it operates as a regular importer of furniture, lighting, and prefabricated buildings, with recent activity recorded three months ago. The business, run by a solo founder and overseen by one director, is registered at a real address and operates in the take-away food shops and mobile food stands industries.

The company’s website, BrewDistrict24, reveals a unique blend of business ventures. While primarily focused on importing and selling HVACR leak sealers, cool shot additives, and UV dye detectors, it also runs a craft brewery, offering a range of beers like India Pale Ale, American Blonde, and Imperial Stout. The brewery’s website highlights a focus on quality ingredients and a passion for brewing, with descriptions of each beer and a focus on the brewing process. It’s an interesting combination, and it’s not immediately clear how closely the two sides are integrated.

Financially, St Albans Ltd's report paints a mixed picture. While bank borrowings decreased by 24%, dropping to £23,000, cash reserves have increased significantly, jumping 750% to a healthy £43,000. Current assets have also seen a substantial rise, increasing by 420% to £47,000. However, retained earnings and accumulated losses have plummeted, falling 5800% to just £16,000. Creditors have also decreased by 24%, and trade debtors remain steady. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the dramatic drop in equity raises questions about its long-term stability. The accounts are unaudited, as is typical for small companies.

The company’s website suggests a focus on customer service and quality products, but the financial data suggests it’s navigating a period of adjustment. Whether the brewery side can provide a buffer against the pressures on the HVACR business remains to be seen—but for now, St Albans Ltd is betting on its diverse offerings and customer satisfaction to weather the storm.

Registered in England/Wales under the registration number 10596681, with a registered address at E9 7HA, England, London, Flat 5 86 Lauriston Road.

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