Terra-cotta Warriors Limited

Terra Cotta Warriors Ltd is a small, holding company based in London, UK, with an active trading status. Founded eleven years ago in 2013, the company employs eighteen people and holds £240,824 in assets. It has a real registered address and is led by one director and one owner. Terra Cotta Warriors Ltd regularly imports furniture, lighting, and prefabricated buildings, with eight months of import activity recorded, the last in 2022.

The company operates in the unlicensed restaurants and cafes industries, as per its business description. It’s a holding company, meaning it likely owns other businesses, though details of these are not publicly available. The director is Li Bin, and the owner is Muger Han Holding Ltd, who changed ownership a year ago.

Financially, Terra Cotta Warriors Ltd presents a mixed picture. Current assets have increased by 25%, reaching £240,000, while net assets decreased by 1.5% to -£110,000. Bank borrowings have remained steady, and cash reserves have grown significantly by 32%, reaching £220,000. Creditors have increased by 16%, and trade debtors have remained consistent. 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 remain flexible, but the negative equity is a concern. As a small company, it is exempt from an audit, so the figures are unaudited.

The company's financial statements indicate a period of adjustment. While cash reserves have improved, the negative equity suggests the company may be burning through money. It's difficult to say for sure without more information, but the trends indicate a need for careful financial management.

Registered in England/Wales under the registration number 08601526, with a registered address at W1S 3DF, England, London, 8a Sackville Street.

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