Mr H S Sandher is a director of Party & Paper Solutions Limited, which is also a 50% owned subsidiary of Turgelstar Enterprises Limited. During the year ended 31 March 2024, the company received management charges of £18,000 (2023: £18,000) from Party & Paper Solutions Limited. At 31 March 2024, the company was owed £80,734 (2023: £10,800) from Party & Paper Solutions Limited.
Mr H S Sandher is also a director of Turgelstar Enterprises Limited, the ultimate parent company. During the year ended 31 March 2024, the company paid rent totalling £0 (2023: £25,333) to Turgelstar Enterprises Limited. The company also received management charges of £6,000 (2023: £6,000) from Turgelstar Enterprises Limited.
At 31 March 2024, the company owed to Turgelstar Enterprises Limited £861,334 (2023: £684,325) by way of an intercompany loan.