Satima Ltd

Satima Ltd from Borehamwood UK: small company, active status, founded 8 years ago, 1 employee, £17,539 assets, real address, 2 directors, 1 owner, solo founder. It’s a small operation, meeting two of three criteria to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company has been active since its incorporation on April 18, 2017, and operates from a real address in Borehamwood, with only one other company registered there. It’s led by two directors, with Ragaisis Petras listed as both owner and director, and employs just one person.

Satima Ltd appears to be involved in a diverse range of activities, including acting as agents for specialized product sales, wholesale of coffee, tea, cocoa, and spices, retail via mail order and the internet, and data processing and related activities. The company’s website, though not currently available for review, likely focuses on these areas. It's difficult to determine the extent of their e-commerce presence without further information.

Financially, Satima Ltd’s picture is a little mixed. Current assets have declined by 21%, falling to £18,000. However, net assets have seen a significant improvement, rising by 130% to £1,100. Bank borrowings have decreased by 37%, reaching £16,000, and cash reserves have fallen by 68% to £6,100. Trade debtors have increased significantly, rising by 280% to £11,000. While the company’s small size allows for flexibility, the substantial equity improvement is a positive sign. As a small company, it is exempt from an audit, so the figures are unaudited. The accounts were prepared using Taxfiler software.

Overall, Satima Ltd seems to be navigating a challenging environment. While the financial data suggests a turnaround, the company's reliance on a single employee and the lack of detailed website information raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 10728336, with a registered address at WD6 1AB, England, Borehamwood, 9 Hayworth House, Todd Close.

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