Sartaj Group Limited
- Small
- Active
- 3 years
- 1 employee
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Solo founder
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
Social media
Summary
Sartaj Group Limited is a small, active company based in London, UK, founded two years ago in May 05, 2022. With just one employee and a virtual address shared by over 93,000 other companies, it’s a solo-founded operation managed by a single director and owner, Singh Talwant. The company operates in the manufacture of other furniture, wholesale of furniture, carpets and lighting equipment, and retail of furniture, lighting, and similar items. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 13 months of import activity recorded, the latest in February 01, 2025.
The company’s website, while not fully developed, suggests a focus on sourcing and supplying furniture and related products. It’s unclear if the company has an e-commerce presence or primarily operates as a wholesale or trade supplier. The site lacks detailed product listings or online ordering capabilities, hinting at a business-to-business model rather than direct consumer sales.
Financially, Sartaj Group Limited presents a mixed picture. While assets remain stable at £110,000, net assets are a mere £600, reflecting accumulated losses. Cash reserves are a modest £60,000, and creditors stand at £170,000, indicating a reliance on borrowing. 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 low equity raises concerns. No auditor is mentioned, likely due to the company's exemption as a small company, meaning the figures are unaudited.
The company's financial data shows a consistent depreciation charge for its motor cars and plant machinery, which is normal. The increase in fixed assets through additions to plant machinery suggests ongoing investment in equipment. However, the significant difference between creditors and cash reserves—and the low net assets—suggests the company is managing its finances carefully, potentially burning through cash to maintain operations. The reliance on borrowing, while not unusual for a young company, could become a challenge if sales don't increase.
Registered in England/Wales under the registration number 14132102, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 6
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 6
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Director's details changed for Mr Talwant Singh on 2025-01-22Download 2 pages pdf report
-
Registered office address changed from 71-75 Shelton Street London WC2H 9JQ England to 71-75 Shelton Street Covent Garden London WC2H 9JQ on 2025-01-23Download 1 page pdf report
-
Unaudited abridged accounts made up to 2024-03-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Sartaj Group Limited
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