Dariva Ltd

Dariva Ltd is a small, active company based in Manchester, UK, founded five years ago in September 2019. Despite its active status, the company has accounts overdue for a year and confirmation statements overdue for two years. It’s a solo-founded operation with one director and owner, operating from a real address shared by only one other company.

The business appears to be multifaceted, operating in non-specialised wholesale trade, retail of second-hand goods, and even unlicensed carrier industries. Its website, Localmint, functions as a directory for local businesses, allowing users to search for opening hours and contact details. It’s a platform aimed at connecting consumers with local stores, boasting over a million users monthly. The site actively promotes itself, listing features like business listing fees and partnerships with various platforms.

Financially, Dariva Ltd presents a mixed picture. Cash on hand decreased by 15%, dropping to £430, while creditors increased by 15%, reaching £20,000. Bank borrowings remained steady at £18,000. More concerning is the significant drop in equity, with retained earnings and accumulated losses plummeting 30% to -£16,000. Property, plant, and equipment also saw a decrease of 18%, falling to £4,100. The company's small size—meeting two of three criteria for a small company—helps it stay flexible, but the decline in equity suggests potential financial strain. The accounts are unaudited, a common exemption for small companies.

It's clear that Dariva Ltd is navigating a challenging financial landscape, while simultaneously attempting to grow its Localmint platform. Whether the two ventures can support each other remains to be seen, but for now, the company is relying on its online presence and a lean operational structure to stay afloat.

Registered in England/Wales under the registration number 12191759, with a registered address at M26 3WQ, United Kingdom, Manchester, 109-111 Blackburn Street, Radcliffe.

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