Qarido Ltd

Qarido Ltd, based in Swanley, UK, is a small, active company founded three years ago. With just £4,087 in assets and operating from a virtual address, this family business runs an e-commerce site with two directors and two owners. The company meets the criteria for a small business, having turnover under £10.2 million, a balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Qarido, specializes in selling safety trainers and PPE, offering a wide range of brands and sizes. The site features detailed size guides, customer reviews, and blog posts on safety topics. It’s clear they’re targeting a commercial and industrial customer base, emphasizing quality and competitive pricing. They even have a recurring purchase option, which suggests a focus on repeat business.

Financially, Qarido Ltd’s report paints a mixed picture. Current assets have decreased by 24%, dropping to £4,100, while net assets have fallen by 9.1% to -£18,000. Cash bank on hand has also declined by 9.2%, sitting at just £3,100. Trade creditors have remained stable at £22,000. The decrease in other inventories is significant, dropping 49% to £990. While the company’s small size allows for agility, the declining equity and cash reserves suggest a need for careful financial management. No auditor is mentioned, which is typical for small companies exempt from an audit. The company’s reliance on a virtual address, with 309 other companies registered at the same location, also raises some questions about its operational structure.

Registered in England/Wales under the registration number 13434273, with a registered address at BR8 7PA, England, Swanley, The Old Barn, Wood Street.

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