Harrison Varma Limited

Harrison Varma Limited, based in London, UK, is a small, active company founded 27 years ago in 1998. It employs just one person and operates from a virtual address – a detail flagged by the fact that 1446 other companies are registered at the same location. The company is led by one director and has two owners, though the list of owners changed five years ago and isn’s exhaustive.

Harrison Varma Limited engages in irregular importing of miscellaneous metal items, with one month of import activity recorded in 2017. It also exports furniture, lighting, and prefabricated buildings, with two months of export activity as of 2021. The company's activities are centered around head offices industries. It owns Harrison Varma (the Garth) Limited and Harrison Varma Projects Limited, and was previously known as Speed 6999 Limited.

Financially, Harrison Varma Limited presents a mixed picture. While net assets have dramatically improved from a negative £9.3 million to a positive £800,000 – a 110% turnaround – cash reserves have surged from a mere £520 to an impressive £130,000. However, trade debtors have ballooned by a staggering 1000%, reaching £9.8 million, which could indicate difficulties in collecting payments. Creditors have also decreased significantly, dropping from £10 million to £9.1 million. Accumulated depreciation impairment for property, plant, and equipment has increased by 67%, specifically for vehicles, suggesting investment in this area. Borrowings have increased substantially, with amounts owed by group undertakings participating interests jumping to £9.3 million. 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 for agility, but the increase in debtors warrants closer attention. As a small company, it's exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 03544443, with a registered address at N3 1XW, United Kingdom, London, 35 Ballards Lane.

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