Tropikane Ltd

Tropikane Ltd is a small, active company based in London, UK, founded five years ago in 2019. With just three employees and £105,621 in assets, it's a solo founder operation led by a single director and owner, Kashif Umer. The company operates in the retail sale via mail order houses or via internet industries, and has a virtual address registered at International House, Admirals Way.

The company's website isn't available, so it’s hard to know exactly what they're selling. However, the company’s profile suggests an e-commerce focus, likely selling goods directly to consumers online.

Financially, Tropikane Ltd presents a mixed picture. While bank borrowings have decreased by 33%, cash reserves have increased significantly by 340% to £48,000. However, current assets have fallen by 26% to £110,000, and net assets have plummeted by 800% to -£110,000. Creditors have also increased substantially by 79%, reaching £160,000. The company’s size—meeting two of three conditions for being small—helps it remain flexible, but the significant equity decline suggests it’s burning through money. The number of employees has increased by 33%, which could be a positive sign of growth, or a sign of increased operational costs. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Overall, Tropikane Ltd appears to be a small business facing challenges. While cash flow has improved, the negative equity and rising debts suggest it’s struggling to become profitable.

Registered in England/Wales under the registration number 12170853, with a registered address at E14 9XL, England, London, International House 10 Beaufort Court, Admirals Way.

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