Loha Ltd.
- Small
- Active
- 8 years
- £1,045,365 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Loha Ltd from Sheffield UK: a small, active company founded eight years ago, holds £1,045,365 in assets, and operates from a real address. With one director and one owner, it's a compact operation. The company is an irregular importer of footwear and related items (one month of imports recorded) and an irregular exporter of iron and steel (two months of exports). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.
Loha Ltd operates in the wholesale of waste and scrap industries. Its website, though not available for direct analysis, suggests a focus on sourcing and distributing materials for recycling and industrial use. It’s unclear if the company has an e-commerce presence or primarily deals with business-to-business clients.
The company’s financial health presents a mixed picture. While cash bank on hand increased significantly by 80% to £140,000, net assets also saw a dramatic rise, increasing by 2200% to £77,000. Bank borrowings decreased by 25% to £4,700, suggesting improved debt management. However, creditors increased by 47% to £940,000, which could indicate expanding operations or potential payment pressures. Trade debtors also rose by 52%, which might be a sign of delayed customer payments. The company’s small size helps it stay agile, but the significant increase in creditors warrants closer attention. The company is exempt from an audit as a small company.
It’s worth noting that the company’s financial data shows a significant increase in equity, which may be a result of retained earnings or other factors. The company’s irregular import and export activity suggests a flexible business model, adapting to market conditions.
Registered in England/Wales under the registration number 10557773, with a registered address at S10 4EJ, England, Sheffield, 134 Crimicar Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Bhandari Ashish
- 8 years
- 4
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Bhandari Ashish
- 8 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 9 pages pdf report
-
Confirmation statement made on 2024-09-15 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-01-31Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Loha Ltd.
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