Zagar Limited

Zagar Limited, based in Redhill, UK, is a small, active company founded fifteen years ago in 2010. With two employees and £86,593 in assets, it operates from a real address and is overseen by two directors and two owners. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import operation occurring over two years ago in January 2022.

Beyond its import activities, Zagar Limited operates in the construction and finishing industries, providing wealth management services. Its website details a range of financial advice and investment services, including personalized planning, market updates, investment reports, tailored research, and administrative support. The company’s team consists of Carlos Garza, the Director, and Jose Antonio Torre, the Wealth Manager, both bringing years of experience in banking and investment. The website also includes a frequently asked questions section addressing services, research methods, and stock market coverage.

Financially, Zagar Limited’s recent performance presents a mixed picture. Current assets have significantly decreased by 33%, dropping to £87,000. Net assets have plummeted by 150%, reaching -£100,000. Bank borrowings have increased by 19%, reaching £27,000, and cash reserves have fallen dramatically by 76%, leaving just £8,600. Creditors have also risen by 50%, reaching £190,000. Despite these challenges, the company’s small size—meeting two of three conditions for a small company—allows for flexibility. There’s no mention of an auditor, likely due to the company’s small size and exemption from audit. The substantial drop in equity, however, suggests a period of financial strain, and the company will need to focus on improving its profitability.

Registered in England/Wales under the registration number 07131014, with a registered address at RH1 2GD, England, Redhill, Foundry Unit 18, Redhill 23 Business Estate, Holmthorpe Avenue.

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