Langari Ltd

Langari Ltd from Birmingham UK: a small, active company founded four years ago, holds £40,412 in assets, and operates from a real address. It’s a solo founder venture with one director and owner. The company is an irregular importer of essential oils and perfumes, with just two months of import activity recorded as of April 2023. It operates within the non-specialised wholesale trade industries.

The company’s website is currently unavailable, making it difficult to determine the specifics of its operations beyond the import activity. It’s unclear if Langari Ltd has an e-commerce presence or primarily engages in business-to-business wholesale.

Financially, Langari Ltd presents a mixed picture. Current assets have decreased by 15% to £40,000, while net assets have also declined by 18% to -£9,600. Bank borrowings remain steady at £10,000, and creditors have decreased by 16% to £50,000. Cash reserves have increased by a significant 130% to £3,400. Trade debtors have increased to £780, a positive sign. 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 negative equity suggests it’s burning through money. No auditor is mentioned, indicating exemption as a small company.

Overall, Langari Ltd appears to be navigating a challenging financial landscape. While it has managed to increase its cash reserves, the negative equity and declining assets raise concerns about its long-term sustainability. The irregular import activity suggests a niche market focus, but the lack of a visible online presence limits its growth potential.

Registered in England/Wales under the registration number 13147069, with a registered address at B23 6SA, England, Birmingham, 77-79 High Street, Erdington.

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