Babbar Uk Ltd

Babbar UK Ltd from Southall UK: small company, active status, founded 9 years ago, £88,548 assets, real address, 1 director, 1 owner, solo founder. Regular importer of electrical machinery and equipment (7 months imported). It’s a small, active company registered in England/Wales with the number 09760278. Founded nine years ago on September 03, 2015, it’s based at UB2 4EX, England, Southall, Unit 4c, Grand Union Enterprise Grand Union Way, Bridge Road, a location confirmed as real because only one other company is registered there. The business is run by a single director and owner, Mr. A.S. Babbar, and employs no staff.

The company’s website, babbar.co.uk, paints a picture of a diverse operation. It’s not just about electrical machinery; Babbar UK Ltd also deals in textiles, upholstery, furniture, and mobile phones. The site details a history dating back to 1988 in Dubai, initially focused on textile import and export, and expanding to include a wide range of products and services, including real estate. The website’s focus is on high-quality products, customer service, and innovation. It seems to have a strong emphasis on bespoke furniture and interior design, offering custom-made pieces and restoration services. The site also mentions bulk purchases of mobile phones, suggesting a wholesale element to the business.

Financially, Babbar UK Ltd shows a mixed picture. Current assets remained steady at £89,000, while net assets declined significantly by 51% to just £2,200. Bank borrowings decreased by 32%, reaching £19,000, and cash reserves were also steady at £3,200. Creditors increased by 18%, suggesting a greater reliance on trade credit. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and no employees reported. The accounts are unaudited, a common exemption for small companies.

It’s clear that Babbar UK Ltd is navigating a challenging economic climate. While the company’s diverse product range and focus on customer service suggest a strong foundation, the decline in equity and increased creditors raise concerns. The company’s long history and established presence in both the UK and Dubai could prove valuable assets as it seeks to overcome these challenges.

Registered in England/Wales under the registration number 09760278, with a registered address at UB2 4EX, England, Southall, Unit 4c, Grand Union Enterprise Grand Union Way, Bridge Road.

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