Aktar Ltd

Aktar Ltd is a small, active company from London, UK, founded ten years ago in 2015. It’s a solo-founder operation with one director and one employee, holding £12,427 in assets and operating from a virtual address shared by 114 other companies. The company imports coffee, tea, mate, and spices, though only irregularly, with its last import activity recorded two months ago in January 2022.

The company's website, Aktar at Home, positions itself as delivering Michelin-star Indian home cooking directly to customers. It offers a range of menu options, including traditional Indian dishes and a Tandoori BBQ box, with a focus on high-quality ingredients and convenient delivery. The site also features a gift card option and FAQs, catering to both individual and event orders. It’s a pretty modern operation, with a lot of attention paid to dietary requirements and special requests.

Financially, Aktar Ltd presents a mixed picture. Current assets have fallen by a significant 41%, dropping to £12,000, while net assets have also declined, reaching -£33,000. Bank borrowings have increased by 5.3%, reaching £40,000, and cash reserves have decreased by 62%, leaving just £1,000. Creditors have also risen by 5.3%, reaching £40,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

The decrease in assets and cash, alongside increased borrowings, suggests the company may be burning through money, although the increase in bank borrowings could be to support growth. The irregular import activity, coupled with the reliance on a single owner and director, could also create vulnerabilities. The company’s focus on high-quality ingredients and Michelin-star cooking, however, suggests a premium offering that could command higher prices and attract loyal customers.

Registered in England/Wales under the registration number 09393753, with a registered address at E8 2FD, England, London, C/O Unit 4, Kinetica, 13 Ramsgate Street.

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