Karrma Ltd

Karrma Ltd is a small, holding company based in Carlisle, UK, with an active status. Founded twelve years ago in 2012, the company employs five people and holds £447,769 in assets. It operates from a real address and is managed by one director and one owner. Karrma Ltd runs an e-commerce site and regularly imports basic metal tools and utensils, with six months of import activity recorded.

The company’s website, Karrma Tunisian Pottery Ceramics Homewares, showcases a range of handcrafted products made in Tunisia. Founded by friends Soraya and Louise, the business started in Tunisia and expanded to the UK in 19, initially as a way to bring unique artisan goods to a wider audience. The website highlights the company’s commitment to supporting Tunisian artisans and offering customers high-quality, handmade items—a nice touch.

Financially, Karrma Ltd presents a mixed picture. While current assets remain at £450,000, net assets have significantly declined, dropping 68% to just £14,000. Bank borrowings have decreased by 25%, and cash reserves have fallen 40% to £42,000. Creditors have increased by a substantial 130%, suggesting potential difficulties managing payments. 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 decline in equity is concerning. No auditor is mentioned, meaning the figures are unaudited.

Overall, Karrma Ltd seems to be navigating a period of financial adjustment. The company's focus on unique products and direct-to-consumer sales is promising, but the declining equity and increased creditors suggest a need for careful management—perhaps a bit too much debt for a small business.

Registered in England/Wales under the registration number 08306933, with a registered address at CA6 4BU, England, Carlisle, Suite 0432, Unit D3 Mod Village Baron Way, Kingmoor Business Park.

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