Adhara Limited

Adhara Ltd from London UK: a small holding company with an active status, was founded seven years ago in 2018. The company employs nine people and holds £1,465,655 in assets, operating from a virtual address. With five directors and one owner, Adhara Ltd is an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of imports recorded.

The company operates in the business and domestic software development industries. Its registered address is EC3V 3NG, England, London, International House, 36-38 Cornhill, but this address is probably virtual as 537 companies registered there. The company is a small entity, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Financially, Adhara Ltd’s situation presents a mixed picture. Cash bank on hand decreased significantly by 33%, dropping to £790,000. Creditors have increased dramatically, rising by 170% to £2.1 million. Trade debtors have grown by 5.6% to £680,000, while other debtors have decreased by 36% to £200,000. A notable trend is the sharp decline in equity, with retained earnings and accumulated losses dropping 16% to -£12 million. It's worth noting that the company's other creditors have increased by a staggering 14,000% to £1 million, which is quite unusual. The company is exempt from an audit, so the figures are unaudited.

The company's equity is in the negative, which is concerning. The increase in creditors suggests potential cash flow issues, while the decrease in cash reserves further compounds these concerns. It's possible the company is investing heavily in growth, but the negative equity raises questions about its long-term financial health.

Registered in England/Wales under the registration number 11334389, with a registered address at EC3V 3NG, England, London, International House, 36-38 Cornhill.

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