Terra Organics Limited
- Small
- Active
- 5 years
- 1 employee
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Terra Organics Limited, based in Bradford, UK, is a small, active company founded five years ago. This solo-founded enterprise employs just one person and operates an e-commerce site selling organic, vegan-friendly wine. The company’s registered address is real, with only four other businesses sharing the space. It’s led by a single director and owner, Motara Ahmed.
The website, Terra Organica, showcases a curated selection of wines, emphasizing organic and vegan production alongside a commitment to sustainability through its membership in 1 For The Planet. The site highlights bestsellers like Primitivo Red Wine and Prosecco, offering both pre-mixed cases and the option for customers to create their own. The site's content emphasizes the company's decades of experience in the wine industry and its passion for sourcing high-quality, affordable organic wines.
Financially, Terra Organics Limited presents a mixed picture. Accumulated depreciation on computer equipment increased by 21%, and bank borrowings rose by 26%. Creditors also increased, by 23% and 22% respectively. However, net assets decreased by 12% to -£52,000, and net current assets liabilities increased by a significant 130%. Interestingly, total inventories dropped to zero. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.
The decline in equity and the increase in liabilities suggest that Terra Organics Limited is burning through cash. While the e-commerce site appears active and the company’s commitment to organic and vegan wines is appealing, the financial data indicates a need for careful management to ensure long-term sustainability.
Registered in England/Wales under the registration number 12102434, with a registered address at BD1 2DG, England, Bradford, 72 Thornton Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 1
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Confirmation statement made on 2024-07-08 with no updatesDownload 3 pages pdf report
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
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First Gazette notice for compulsory strike-offDownload 1 page pdf report
FAQ about Terra Organics Limited
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