Safaricom Limited

Safaricom Limited is a small, active company based in Stanmore, UK, founded 21 years ago in 2003. With £329,783 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Shah Paras. The business operates in the other business support service activities n.e.c. industries. It's a irregular importer, with its top import category being Various textile products, sets, used clothing, and rags, totaling 2 months of imports. The last import operation was conducted on June 01, 2020. The company is a irregular exporter, with its top export categories including None, totaling 2 of months exports. The last export operation took place on July 01, 2020.

While the company’s website doesn’t reveal much about its specific operations beyond its industry classification, the financial data paints a mixed picture. Accumulated depreciation impairment property plant equipment increased slightly, but cash bank on hand plummeted by a staggering 97%, leaving just £190. Creditors have also increased, both within and after one year. Despite these challenges, the company's debts have decreased slightly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions.

Financially, Safaricom Limited is showing some strain. Net assets decreased by 17%, and net current assets liabilities have also dropped. The company’s debts have increased, and the decrease in cash reserves is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company's director, Shah Paras, is also the sole owner. It's a bit unclear what the company is doing, but it seems to be struggling to keep its head above water.

Registered in England/Wales under the registration number 04945154, with a registered address at HA7 1BU, England, Stanmore, 14 Dalston Gardens, Stanmore Business Park.

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