Durai Runway Limited

Durai Runway Limited is a small, active company based in London, UK, founded three years ago in 2022. It employs just one person and holds £9,227 in assets, operating from a virtual address shared by many other businesses. The company is owned and directed by Ragunathan Shobhanarthan, who also acts as the solo founder. Durai Runway Limited is an irregular importer, primarily dealing in clothing and accessories that aren’s knitted or crocheted, with just one month of import activity recorded as of September 2022.

The company's website, Durai, features a clean, minimalist design focused on exclusive drops and a newsletter signup. It emphasizes thank you messages and offers help and information pages, including refund and shipping policies. The site suggests an e-commerce focus, with a "Shop" section and a dedication to providing exclusive products.

Financially, Durai Runway Limited shows a mixed picture. Cash bank on hand increased significantly by 250%, rising to £4,000, while current assets also grew by 25%, reaching £9,200. However, trade debtors plummeted by a staggering 90%, falling to just £120. Equity also saw a substantial increase of 200%, reaching £1,500, suggesting an injection of capital or improved profitability. Creditors, however, rose by 15%, reaching £7,900, and taxation social security payable increased by 45% to £220. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) means it’s exempt from a full audit, and the figures are unaudited.

The sudden drop in trade debtors could indicate issues with collecting payments, or it could reflect a shift in the company’s sales strategy. The increase in equity, however, is a positive sign, suggesting the business is either attracting investment or generating profits. While the company's financial health isn't clear, the increase in cash and equity points towards a business that's still in its early stages, burning through money but also showing signs of potential.

Registered in England/Wales under the registration number 13912942, with a registered address at N3 1DP, England, London, 311 Regents Park Road.

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