Foresight Limited

Foresight Limited: a small, active company founded 40 years ago in 1984, operates as an importer and provider of business support services. Based in London, it has six employees and holds assets totaling £231,984. The company, with a real address and six directors, is owned and managed by Mehrotra Ravi Kumar, who is also the solo founder. It boasts a stellar 5.0 Google rating from two reviews. The company imports electrical machinery and equipment, although activity has been irregular, with the last import recorded over seven years ago.

The company’s website is minimal, offering little insight into its operations beyond its registered details. It appears to be a straightforward import business, focusing on sourcing and supplying electrical equipment. There is no indication of e-commerce or online sales.

Financially, Foresight Limited presents a mixed picture. Current assets have increased by a significant 41%, reaching £230,000, which is a positive sign. However, net assets have remained stable at £1.8 million. Bank borrowings have decreased by 10%, and cash reserves have declined by 30% to £80,000. Creditors have increased by 8.6%, and trade debtors have risen by a substantial 200%. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the increase in debtors suggests potential issues with customer payments. The unaudited financial statements, overseen by an unnamed auditor, provide a snapshot of the company’s financial health. The company’s equity has remained stable, and it’s clear that the company is not burning through cash at an alarming rate, but the increase in debtors warrants close monitoring.

Registered in England/Wales under the registration number 01845521, with a registered address at EC4R 9AY, 10/10a Arthur Street, London.

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