Matharu's Uk Ltd

Matharu's UK Ltd, based in West Bromwich, is a small, active company founded eleven years ago. With six employees and £564,810 in assets, it’s a solo-founded operation managed by a single director and owner. The business boasts a stellar 5.0 Google rating from 62 reviews, and operates as an irregular importer of iron or steel products, with its last import activity dating back to 2016.

The company’s website highlights Matharu’s Bespoke Wedding Planners, specializing in event design and management. It’s a full-service operation, offering everything from bespoke décor and event management to corporate events and Christmas experiences. The website emphasizes a client-centric approach, promising innovative design concepts and meticulous attention to detail. Testimonials from satisfied customers praise the team's professionalism, creativity, and ability to exceed expectations. The company also operates a showroom in Harrods, London.

Financially, Matharu's UK Ltd shows a mixed picture. Cash reserves increased by 57% to £560,000, while deferred income jumped 140% to £110,000—suggesting a strong pipeline of future bookings. However, net assets declined by 33% to -£190,000, and bank borrowings surged 55% to £220,000. Creditors also increased by 28% to £210,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline could indicate challenges in profitability. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Matharu's UK Ltd appears to be a thriving event planning business, but the financial data suggests it's burning through money. The increase in bank borrowings and the decline in equity raise questions about its long-term financial health.

Registered in England/Wales under the registration number 09029465, with a registered address at B70 6QP, England, West Bromwich, West Midlands, Supreme Banqueting & Conference, 10 Roebuck Lane.

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