Smith Malhotra Limited

Smith Malhotra Limited, based in Sittingbourne, UK, is a small holding company with an active status, established 23 years ago in 2001. Employing seven people and holding £771,076 in assets, the company operates from a virtual address – nineteen other companies are registered at the same location – and is overseen by two directors and one owner. It boasts a perfect 5.0 Google rating based on two reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of imports recorded as of August 2023.

Smith Malhotra Limited provides accounting and auditing services, catering to a wide range of businesses and individuals. Its website highlights services like business startup assistance, bookkeeping, VAT returns, and taxation, including support for Making Tax Digital. Testimonials from satisfied clients emphasize the firm’s expertise, responsiveness, and proactive tax planning. The company also offers specialized services such as Construction Industry Scheme (CIS) support and personal tax advice.

Financially, Smith Malhotra Limited presents a mixed picture. While current assets increased slightly to £770,000, cash reserves experienced a significant drop of 25%, falling to £440,000. Trade debtors have surged by a substantial 100%, reaching £340,000, potentially indicating challenges in collecting payments. Conversely, creditors decreased by 16%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in cash reserves warrants attention. The figures are unaudited, a common practice for small companies. The company's net assets increased by 5.2% to £740,000. It's unclear if the company is facing any management issues, but the financial trends suggest a need for careful monitoring.

Registered in England/Wales under the registration number 04259209, with a registered address at ME9 7JL, Sittingbourne, Kent, 40-42 High Street, Newington.

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