Thasi Limited

Thasi Ltd from Langley UK: a small holding company with an active status, was founded 20 years ago in 2004. Employing 54 people, the company holds assets valued at £2,309,372 and operates from a real address. It’s managed by five directors and has one owner. Thasi Ltd regularly imports art and antiques (67 months) and exports furniture, lighting, and prefabricated buildings (708 months).

The company’s core business involves warehousing and storage facilities for air transport activities. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The ultimate parent company is Simal Global Limited.

Looking at the financials, there's a mixed picture. Current assets decreased by 8.4% to £2,300,000, while net assets increased by 20% to £1,800,000. Bank borrowings decreased by 40% to £75,000, and cash reserves increased by 13% to £1,000,000. Creditors decreased by 19%, which is a positive sign. The company's fixed assets increased significantly by 57% to £800,000, however future minimum lease payments increased by a massive 180% to £3,800,000. The company has elected not to include a copy of the profit and loss account within the financial statements.

The company’s turnover decreased by 21%, suggesting a possible slowdown in sales. The increase in fixed assets may reflect investments in equipment or property, while the decrease in bank borrowings could indicate better debt management. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Overall, Thasi Ltd appears to be financially stable, but the decrease in turnover warrants further investigation.

Registered in England/Wales under the registration number 05258020, with a registered address at SL3 6AD, Langley, The British Shop Unit 3 & 4 Langley Park, Waterside Drive.

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