Essar International Limited

Essar International Limited is a small, active company based in London, UK, founded two years ago in November 2022. With £9,596 in assets and a real registered address, it's a solo-founded operation managed by two directors and a single owner, Sachdev Sanidhya. The company operates in the wholesale of fruit and vegetables, and coffee, tea, cocoa and spices industries. It’s an irregular importer, with its top import category being Coffee, tea, mate, and spices, totaling 2 months of imports, the latest in December 2024. The company’s website highlights its focus on supplying high-quality natural ingredients, particularly spices from India.

The website showcases a range of services, including sourcing, importing, and distribution. It also mentions a commitment to quality and customer satisfaction, with a focus on serving individuals, restaurants, food manufacturers, and wholesalers across the UK. The site even features a blog section, suggesting an effort to establish expertise in the spice market.

Financially, Essar International Limited presents a mixed picture. Current assets have increased dramatically, jumping 1300% to £9,600, while cash reserves have fallen 66% to just £230. Debtors have exploded by 72,000% to £4,300, and creditors have risen 1500% to £10,000. Equity, however, has plummeted 1900% to -£890. Bank borrowings have also increased significantly, by 680% to £2,700. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be agile, but the sharp equity decline is concerning. The accounts are described as “filleted” and unaudited, and there's no mention of an auditor.

Overall, Essar International Limited appears to be a startup navigating early-stage challenges. While it’s expanding its debtor base and showing increased assets, the negative equity and reduced cash reserves suggest it’s burning through money. Whether it can sustain its growth and profitability remains to be seen—but its focus on quality ingredients and customer service gives it a fighting chance.

Registered in England/Wales under the registration number 14475681, with a registered address at W1W 5PF, England, London, 167-169 Great Portland Street.

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