Shree Padmavati Export (uk) Limited

Shree Padmavati Export (uk) Limited, based in Wembley, UK, is a small, active company founded 20 years ago in 2005. With four employees and £3,169,455 in assets, it's a solo-founded operation led by a single director and owner, Kevin Jariwala. The company enjoys a perfect 5.0 Google rating based on three reviews and regularly imports clothing and accessories—not knitted or crocheted—with 232 months of import activity recorded, the last in December 2021.

The company’s website, though not actively used, suggests a focus on retail sale of textiles in specialised stores. It’s a relatively modest online presence, but the core business appears to be importing and distributing fashion items. The address is probably real as only one company registered at the same address.

Financially, Shree Padmavati Export (uk) Limited presents a mixed picture. Current assets remained stable at £3,200,000, while cash bank on hand dropped by 41% to £24,000. Trade debtors increased by 13%, suggesting better collection practices, but creditors decreased by 38%, which is a good sign. Net assets remained stable at £2,300,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in cash reserves is something to watch. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Shree Padmavati Export (uk) Limited seems to be holding its own, but the decline in cash reserves could indicate a need for careful financial management. The company’s long-standing presence and positive Google rating suggest a loyal customer base, but the financial data hints at a business that’s perhaps burning through money like a startup.

Registered in England/Wales under the registration number 05367504, with a registered address at HA0 4BP, Wembley, Middlesex, 115/117 Ealing Road.

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