Vikranth Limited

Vikranth Limited, based in Mayfair, London, is a small, active company founded four years ago. It operates from a virtual address, managed by one director and one owner. The company meets the criteria for a small business, with a turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s a relatively young venture, incorporated on December 14, 2020.

Vikranth Limited’s website, Vikrant Group, paints a picture of a much larger, diversified Indian conglomerate. The group’s functions span FMCG (personal care, home care, toiletries), pharmaceuticals, and chemicals. It emphasizes high-quality standards, ISI certification, and a desire to provide hygienic solutions. The website highlights a commitment to customer delight through secure supply, outstanding service, and flawless product introductions. While the website suggests a broad range of activities, the UK entity appears to be focused on retail sale via mail order houses or via internet. It's a bit confusing, to be honest.

The company’s financial health presents a mixed bag. While cash on hand increased by a significant 440% to £280, net assets declined by 21% to -£3,500. Creditors rose by 28% to £3,700, and loans from directors increased by 33% to £3,200. The company’s small size, meeting two of three conditions for a small business, allows for agility, but the declining equity is a concern. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. It seems like they're trying to keep costs down, but it's a bit risky.

Overall, Vikranth Limited appears to be a small, relatively new company navigating the challenges of a competitive market. The connection to the larger Vikrant Group in India is intriguing, but the UK entity's financial performance suggests a need for careful management.

Registered in England/Wales under the registration number 13078891, with a registered address at W1J 5BF, England, Mayfair, London, Berkeley Suite, 35 Berkeley Square.

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