Karen (uk) Ltd

Karen (uk) Ltd, based in Blackburn, UK, is a small, active company founded ten years ago in 2014. With £87,715 in assets and a real registered address, it's a tight-knit operation managed by one director and owner, Saleh Arif. The company maintains a stellar 5.0 Google rating from 13 reviews, a testament to its customer service. It’s an irregular importer, primarily dealing in carpets and textile floor coverings, with just one month of import activity recorded as far back as February 3016.

Karen (uk) Ltd operates within the wholesale of furniture, carpets, and lighting equipment industries. Its website, while not fully developed, suggests a focus on supplying these goods to businesses. It’s a small company, meeting two of three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Karen (uk) Ltd shows a mixed picture. Current assets have increased by 82% to £88,000, while net assets improved by 53% to -£46,000. Cash reserves have surged dramatically, increasing by 310% to £50,000. However, bank borrowings have also risen significantly, increasing by 380% to £100,000. Trade debtors have increased by 210% to £12,000. The company’s creditors have decreased by 100%, suggesting better debt management. The lack of employees (zero reported) hints at a lean operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Karen (uk) Ltd appears to be navigating a period of growth and change. The increase in cash reserves and debtors suggests increased business activity, but the rising bank borrowings indicate a reliance on external funding. The company's future success will depend on its ability to manage its finances effectively and capitalize on the demand for its products.

Registered in England/Wales under the registration number 09104008, with a registered address at BB1 5DG, Blackburn, Unit 1 Cleaver Works, Cleaver Street.

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