Srii Kumaran Silk Limited

Srii Kumaran Silk Ltd from Greater London UK: small company, active status, founded 18 years ago, 2 employees, £83,434 assets, real address, 1 director, 1 owner. Regular importer of clothing and accessories, not knitted or crocheted (6 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £83,434. The company is a regular importer, with its top import category being Clothing and accessories, not knitted or crocheted, totaling 6 months of imports. The last import operation was conducted on November 01, 2023.

Srii Kumaran Silk Limited operates a vibrant online store specializing in exquisite silk sarees and fancy sarees. The website, Kumaran Silks, showcases a vast collection, from traditional Kanjivaram sarees to contemporary designs, catering to diverse tastes and occasions. It’s clear the company focuses on retail sales, offering a wide range of styles—including art silk, silk cottons, and dance practice sarees—and even has a section dedicated to kids wear. The site emphasizes competitive pricing and offers free shipping, easy returns, and secure checkout, hallmarks of a modern e-commerce business. There's also a section dedicated to dhoti sets and a curated collection of trending products.

Financially, Srii Kumaran Silk Ltd shows a mixed picture. While current assets increased slightly to £83,434, net assets have seen a significant drop, falling 42% to £74,000. Cash reserves have also decreased by 30% to £8,500. Trade debtors have decreased significantly, suggesting better debt management. However, creditors have increased by 520%, which is a big jump. The company's small size helps it stay flexible, but the drop in equity is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Srii Kumaran Silk Ltd appears to be navigating a challenging financial landscape. While its online store thrives on offering a diverse collection of sarees, the company needs to manage its creditors and maintain a healthy cash flow to ensure long-term sustainability. The company’s owner, Chandrakumar Vasanthakala, is both the director and sole owner, suggesting a hands-on approach to the business.

Registered in England/Wales under the registration number 05890527, with a registered address at E12 6SL, Greater London, 285 High Street North, London.

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