Saritoria Ltd

Saritoria Ltd from Laddingford UK is a small company with an active status, founded five years ago. It holds £286,156 in assets, operates from a virtual address, and is managed by two directors and two owners. The company is a small one, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Saritoria Ltd operates as a creative lifestyle magazine, covering art, design, fashion, film, lifestyle, literature, and music. Its website showcases a diverse range of content, from artist interviews and film reviews to design features and music spotlights. The platform seems to be focused on curating and presenting high-quality creative work, with a particular emphasis on emerging talent and unique perspectives. It's clearly an e-commerce platform, selling subscriptions and merchandise. The website's design is clean and modern, with a focus on visual storytelling. It’s a place where you can find inspiration and discover new artists and creators.

Financially, Saritoria Ltd's recent performance presents a mixed picture. Accumulated depreciation has increased by 33%, reflecting investment in computer equipment, but cash bank on hand has remained steady at £140,000. Creditors have also remained consistent at £280,000. However, the most significant change is a 26% increase in retained earnings and accumulated losses, bringing the total to -£360,000. This suggests the company is burning through cash, despite its efforts to manage debt. Trade debtors have also risen by 23%, which could be a sign of delayed payments from customers, or perhaps an expansion of credit terms. The lack of employees (zero reported) indicates a lean operation, but the negative equity raises concerns. With no auditor mentioned, the figures rely on unaudited director’s reports.

It's likely Saritoria Ltd is navigating the challenges of a startup, balancing creative ambitions with financial sustainability. The magazine's focus on high-quality content and its online presence suggest a strong brand, but the negative equity highlights the need for careful financial management.

Registered in England/Wales under the registration number 12553067, with a registered address at ME18 6BG, United Kingdom, Laddingford, Kent, Finchley Park, Emmet Hill Lane.

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