Saki Living Ltd
- Small
- Active
- 3 years
- 1 employee
- £9,295 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
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
Summary
Saki Living Ltd, based in Huddersfield, UK, is a small, active company founded three years ago. With just one employee and £9,295 in assets, it's a solo venture led by a single founder, Arshad Nargis, who also serves as director and owner. The company operates an e-commerce site specializing in luxury furniture.
The website, Saki Living, showcases a wide range of products including bespoke beds, sofas, mattresses, and even 3D wall panels. It’s clear the company focuses on high-end, custom-made furniture, offering services like shop fitouts and interior design. The site emphasizes quality craftsmanship and personalized service, catering to both residential and commercial clients. They have a range of products including sofas, beds, mattresses, and 3D wall panels.
Financially, Saki Living Ltd presents a mixed picture. While cash bank on hand increased dramatically by 1700% to £6,000, net assets only grew slightly to £12,000. Creditors increased significantly, rising by 170% to £8,200, suggesting increased reliance on short-term financing. Finished goods decreased by 38% to £3,200, which could be a sign of increased sales or potential inventory management challenges. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the increase in creditors is something to keep an eye on. There’s no auditor mentioned, which is common for small, exempt companies.
Overall, Saki Living Ltd appears to be a growing business with a focus on high-end, custom furniture. However, the increase in creditors suggests that the company is relying more on short-term financing, and the decrease in finished goods could be a sign of potential inventory issues. It's a lean operation, but the company's success will depend on its ability to manage its finances and continue to attract customers in the competitive furniture market.
Registered in England/Wales under the registration number 14002490, with a registered address at HD7 5QG, United Kingdom, Huddersfield, Unit 105 Colne Valley Business Park, Linthwaite.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Arshad Nargis
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Arshad Nargis
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
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Confirmation statement made on 2024-06-09 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 7 pages pdf report
FAQ about Saki Living Ltd
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