In-house Products Pvt Ltd

In-House Products Pvt Ltd, based in Watford, UK, is a small, active company founded five years ago in 2020. With a single employee and £16,033 in assets, it operates from a real address and is overseen by one director and owner. The company is an irregular importer, primarily dealing with edible vegetables and roots, with just two months of import activity recorded as of December 2023.

The company’s website paints a picture of a business with Indian roots, highlighting its connection to Maa Laxmi Agro Pvt. Ltd. and positioning itself as a 100% subsidiary focused on UK and European market exploration. It specializes in rice, oil, and spices, emphasizing quality products and perfect service. The website also mentions 20 awards, 70 projects, and 30 happy clients, though these figures aren's verifiable. While the site lists "services" it's currently "being updated soon."

Financially, In-House Products Pvt Ltd presents a mixed bag. Current assets have increased by a respectable 41% to £16,000, while debtors have risen by 29% to £14,000. However, retained earnings and accumulated losses have plunged into a deep hole, with net assets now standing at a concerning -£20,000. Property, plant, and equipment have increased to £11,000, which could indicate investment in infrastructure. 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 flexibility, but the substantial equity decline suggests a need for careful management. The accounts are unaudited, as is typical for small companies, and rely on director-reported data.

It seems like the company is facing some financial strain, despite the positive marketing on its website. Whether the connection to Maa Laxmi Agro can provide stability remains to be seen.

Registered in England/Wales under the registration number 12399200, with a registered address at WD24 5FR, England, Watford, Unit 2, Leavesden Lodge, 1a Leavesden Road, Prohal.

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