Shatchi Limited

Shatchi Ltd, based in Hitchin, UK, is a small, active company founded two years ago. Employing 21 people, it operates as a regular importer of toys, games, and sports equipment (38 months of activity) and an irregular exporter of furniture, lighting, and prefabricated buildings (1 month). The company, led by a solo founder and single director, Patel Hemal Bhupendrakumar, has a real registered address and a Google rating of 3.0 based on 15 reviews. It also runs an e-commerce site.

The company’s website, Shatchi, positions itself as a leading importer and distributor of seasonal products, with a particular focus on Christmas. It offers a wide range of items, from Christmas trees and lights to party supplies and outdoor furniture, catering to both commercial and individual customers. The site highlights its commitment to high-quality products and competitive pricing, and it actively promotes its seasonal offerings through blog content and social media.

Financially, Shatchi Ltd shows a mixed picture. Cash bank on hand remains steady at £420,000, but creditors have remained at £1.2 million. Trade debtors are also steady at £810,000. Equity, however, is remarkably low at just £1,000, with total equity at £180,000. Net current assets and liabilities are at £170,000. The company meets two of the three criteria to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of substantial equity, while not necessarily alarming given its size, does suggest a reliance on borrowing. With no auditor mentioned, the figures are unaudited.

It seems Shatchi is navigating the challenges of seasonal retail, relying on its established import network and online presence. The company’s ability to manage its debt and build equity will be key to its long-term success.

Registered in England/Wales under the registration number 14213204, with a registered address at SG4 0SE, United Kingdom, Hitchin, Hertfordshire, 20 Wallace Way.

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