Shanti World Limited

Shanti World Limited is a small, active company based in Coventry, UK, founded four years ago in September 2020. With two employees and £18,851 in assets, it operates from a virtual address shared by 115 other companies, and is managed by two directors and two owners. The company specializes in retail sales via mail order and internet.

The business’s website highlights its focus on online retail, with a range of products available for purchase. While the exact nature of these products isn's immediately clear, the site suggests a focus on consumer goods sold directly to customers. It’s a small operation, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Shanti World Limited presents a mixed picture. While cash reserves have dwindled significantly, dropping 93% to just £1,200, bank borrowings have increased dramatically, rising 210% to £36,000. Creditors have also surged by 220%, reaching £79,000, while trade debtors have increased by 37%. Equity has taken a major hit, decreasing 860% to -£60,000. Interestingly, the company’s inventories have jumped to £15,000, suggesting a potential shift in strategy. The lack of an auditor mentioned, likely due to its small size, means the financial statements are unaudited.

The sharp decline in equity, coupled with the increased borrowings, suggests Shanti World Limited is burning through cash. The rise in inventories could indicate an attempt to boost sales, but it also carries the risk of unsold goods. The company’s directors, Chohan Kiran and Vallillo Angelo Giovanni, will need to carefully manage these trends to ensure the business’s long-term viability.

Registered in England/Wales under the registration number 12904208, with a registered address at CV1 2EL, England, Coventry, 5 The Quadrant.

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