Auriga Holdings Ltd

Auriga Holdings Ltd is a London-based holding company with a 28-year history, currently employing 11 people and holding assets valued at £1,728,132. Established in 1997, it operates from a real address and is managed by four directors and owned by Bashir Afnan, Bashir Amjad, and Bashir Anwar. The company is an irregular importer, with its top import category being machinery, boilers, and mechanical appliances; parts, with the last import operation occurring two months ago. It's also described as a family business.

Beyond its role as a holding company, Auriga Holdings SA, a related entity, operates in the financial sector, particularly private banking. It controls PKB Private Bank SA, a Swiss bank founded in 1958, which in turn owns Cassa Lombarda S.p.A. in Italy and Alasia SA, a Swiss wealth management firm. These entities manage approximately CHF 12 billion and employ over 400 people. The group’s headquarters recently moved to Lugano, Switzerland, and is controlled by the Trabaldo Togna family.

Auriga Holdings SA’s website highlights its long-term vision and stable family control. It details the operations of its subsidiaries, including private banking services, wealth management, and family office solutions. The company's financial reports indicate a significant decrease in net assets, dropping 41% to £2.7 million. Bank borrowings have also increased, reaching £8.2 million, while cash reserves have fallen to £41,000. Creditors, however, have decreased by 18%, suggesting improved debt management. The lack of an auditor mentioned suggests the company is exempt from an audit.

The company’s turnover is not mentioned, but the decrease in assets and cash reserves, combined with increased borrowings, indicates a period of financial pressure. It’s likely that the company is facing challenges in maintaining profitability, despite its established subsidiaries and strong family control.

Registered in England/Wales under the registration number 03326486, with a registered address at E6 1HZ, 137a High Street North, London.

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