Ishkar Ltd

Ishkar Ltd is a small, active company based in London, UK, founded eight years ago in 2016. It employs four people and holds £47,641 in assets, operating from a real address and managed by two directors and owners. The company is a regular importer of jewelry, precious stones, and metals, with 12 months of import activity recorded, and an irregular exporter with just one month of export activity. Ishkar Ltd operates in the retail sale via mail order houses or via internet industries.

The company’s website, ishkarltd.com, showcases a diverse range of products, from clothing and rugs to homewares and art. It also features a travel division offering group trips to destinations like Pakistan and Tajikistan, emphasizing unique cultural experiences and adventure. The website’s design incorporates a recurring motif – a plant found in the deserts of Afghanistan known for its hidden alchemic properties – which gives the brand a distinct, almost mystical feel. The website is well-designed and easy to navigate, with clear product categories and a user-friendly checkout process.

Financially, Ishkar Ltd presents a mixed picture. While average number of employees increased by 50%, to six, current assets decreased by 23%, to £48,000. Bank borrowings decreased by 49%, to £16,000, and cash bank on hand increased by 110%, to £6,600. Creditors increased by 38%, to £130,000, and net assets decreased by 200%, to -£87,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Ishkar Ltd is facing challenges. While its website suggests a thriving online business with a unique brand identity, the financials reveal a company burning through cash. The travel division, with its focus on exclusive destinations, may be a source of both opportunity and risk—a contrast to the more straightforward retail operations.

Registered in England/Wales under the registration number 10171458, with a registered address at E2 7RG, England, London, 75 Columbia Road.

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