Karmen Ltd

Karmen Ltd is a small, active company based in London, UK, founded four years ago. It’s a solo founder operation with one director and one employee, holding £7,851 in assets and operating from a virtual address. The company’s primary focus is retail sale via mail order houses or via internet, alongside other food services and service activities.

The company’s website, infokarmen.com, showcases a vast inventory of used Japanese cars for export, with a particular emphasis on models from Toyota, Nissan, and Honda. It caters to a global market, including Africa, Europe, and the Middle East, and offers a range of services like spare parts supply and certification. The site is well-organized, with detailed search filters for make, model, year, and price—a hallmark of a modern online marketplace.

Financially, Karmen Ltd presents a mixed picture. Cash bank on hand has increased significantly by 1100%, reaching £3,000, which is a positive sign. However, net assets liabilities have increased by 2000%, reaching £4,000, and net current assets liabilities have drastically improved from -£1100 to £3,000. Trade debtors have increased by 62%, suggesting potential challenges in collecting payments. Despite this, creditors have decreased by 39%, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1 million, and fewer than 50 employees) helps it remain flexible. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Karmen Ltd appears to be navigating a period of change. While the increased cash reserves and improved current assets liabilities are encouraging, the rise in trade debtors warrants close attention. The company’s success hinges on its ability to maintain its online presence and continue attracting international buyers for its used Japanese cars.

Registered in England/Wales under the registration number 12758140, with a registered address at E8 2FD, England, London, C/O Unit 4, Kinetica, 13 Ramsgate Street.

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