Saro International Limited

Saro International Limited, based in Milton Keynes, UK, is a small, active company founded five years ago in 2019. Employing just two people, it holds £35,282 in assets and operates from a real address. Led by a single director and owner, Keethaponkalan Dukehamershield, the company is a regular importer, specializing in edible fruits and nuts for the past ten months, with the latest import recorded in July 2024. It's a solo founder operation, and the company operates in the other food services industries.

The company’s website, Saro Agrosciences, suggests a broader agricultural focus, potentially hinting at future diversification beyond importing. While the site doesn’s offer much detail, it implies a connection to agricultural products and services, perhaps indicating a move towards supplying raw materials or offering related consultancy. It’s unclear how closely the import business and the agrosciences venture are linked, but both emphasize British operations.

Financially, Saro International Limited presents a mixed picture. Current assets have increased by a substantial 88% to £35,000, while net assets have surged 230% to £44,000, indicating improved financial health. However, trade debtors have plummeted 75%, suggesting difficulties in collecting payments, and creditors have risen 61%, possibly reflecting increased reliance on supplier credit. Cash bank on hand has also increased by a whopping 270% to £28,000, a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuating debtor figures warrant close monitoring. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

The company’s increase from depreciation charge for the year is steady, and the bank borrowings are holding steady. It seems like the company is doing okay, but it could be burning through money.

Registered in England/Wales under the registration number 12021132, with a registered address at MK13 8BU, England, Milton Keynes, 32 Wandsworth Place, Bradwell Common.

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