Heritage Of India Ltd

Heritage Of India Ltd is a small, active company based in Milton Keynes, UK, founded 11 years ago in 2013. It operates with a single employee and holds £1,640 in assets, using a virtual address shared by sixteen other companies. Two directors and two owners manage the business, with Sharma Banerjee Ritu and Banerjee Susanta owning the company.

The company’s website, infoheritageindia.co.uk, showcases a retail business specializing in Indian food and related products. It offers delivery within a 3-mile radius for orders over £15 and emphasizes hygiene ratings and customer reviews. The site also includes links to social media platforms like Facebook, Twitter, Instagram, and TripAdvisor, suggesting a focus on online engagement and brand building. It’s clear they’re aiming to be a local, trusted source for Indian groceries and culinary experiences.

Financially, Heritage Of India Ltd presents a mixed picture. Current assets have fallen by 33% to £1,600, and cash reserves have completely vanished, dropping 100% to zero. Debtors have also decreased by 31%, which could indicate improved collections, but the significant drop in cash is concerning. On the positive side, creditors have fallen by 40%, suggesting better management of short-term liabilities. Equity has increased by 14%, however, it’s still a small amount. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's likely exempt from an audit, so the figures are unaudited.

Overall, Heritage Of India Ltd seems to be struggling financially. The complete loss of cash reserves is a worrying sign, and the company will need to find ways to improve its cash flow. The management fees paid to Mr. S Banerjee, a director and shareholder, at £15,840, may be a contributing factor to the financial strain.

Registered in England/Wales under the registration number 08584998, with a registered address at MK12 5TW, England, Milton Keynes, 31 Walker Avenue, Wolverton Mill.

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