Balvanera Ltd

Balvanera Ltd from Middlesex UK: small company, active status, founded 3 years ago, £188,291 assets, real address, 1 director, 2 owners. Irregular importer of clothing and accessories made by knitting or crocheting (2 months imported). It’s a small business, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company was incorporated on March 14, 2022, and operates from a real address at 12 Collins Avenue, Stanmore, Middlesex – a location shared by only one other business, suggesting a genuine presence. Wyatt Paul Thomas is the sole director and owner, alongside Clarke Callum.

The company’s website is nonexistent, which makes it difficult to gauge its operational focus beyond the information provided. It’s unclear if they have an online store or operate solely through wholesale channels. The company operates in the non-specialised wholesale trade industries.

Financially, Balvanera Ltd presents a mixed picture. Current assets are reported at £190,000, but net assets are only £340. Bank balances remain steady at £1,700. Creditors are significant at £190,000, and trade debtors are also £190,000, suggesting a reliance on credit terms. Cash reserves are low, and the company is carrying a substantial amount of debt. The accounts are “filleted” – a common practice for small companies – and unaudited, meaning there’s no external verification. The company’s small size exempts it from an audit, and Eclat Accountancy Ltd prepared the accounts.

The company’s irregular import activity, with its top category being clothing and accessories made by knitting or crocheting, suggests a niche market focus. The last import operation occurred in April 2023. It’s possible the company is facing challenges in managing its cash flow, given the high level of debt and low reserves. However, the fact that they're still operating and importing suggests they have a loyal customer base and a viable business model.

Registered in England/Wales under the registration number 13975172, with a registered address at HA7 1DL, United Kingdom, Middlesex, 12 Collins Avenue, Stanmore.

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