A & H Footwear Ltd

A & H Footwear Ltd, based in Manchester, UK, is a small, active company founded nine years ago in 2015. With six employees and £319,946 in assets, it operates from a real address at Hendham Vale Industrial Park. The business is owned and directed by Ahmed Imtiaz and Halls Luke, and boasts an e-commerce site. It has a Google rating of 3.0 based on 11 reviews. The company regularly imports footwear and related items, with its last import operation made on November 01, 2024.

The company operates in the wholesale of clothing and footwear, and the retail sale via mail order houses or via internet industries. Its website, AH Wholesale Footwear, showcases a wide range of footwear, from plimsolls and trainers to wellies and safety boots, catering to both adults and children. The site highlights brands like IMTY, Skechers, and Dr. Keller, and offers a variety of styles and sizes. It even has a section dedicated to safety boots, indicating a focus on industrial and commercial customers.

Financially, A & H Footwear Ltd presents a mixed picture. Bank borrowings decreased by 25%, to £71,000, and overdrafts also fell by 40%, to £59,000, suggesting improved cashflow management. However, current assets declined by 10%, to £320,000, and net assets decreased by 75%, to £7,800. Trade debtors increased significantly, by 48%, to £160,000, which could be a sign of increased sales but also a potential risk of bad debts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. With no auditor mentioned, the figures rely on unaudited statements.

Overall, A & H Footwear Ltd seems to be navigating a period of change. While it has managed to reduce its borrowing, the decline in net assets and increase in trade debtors are concerning. The company’s success will likely depend on its ability to maintain sales and manage its working capital effectively.

Registered in England/Wales under the registration number 09872550, with a registered address at M8 0AD, England, Manchester, Unit 6 Vale Park Way, Hendham Vale Industrial Park.

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