Afendi World Limited

Afendi World Limited, based in Bradford, UK, is a small, active company founded two years ago in December 2022. It boasts £95,299 in assets, operates from a real address, and is managed by a single director and owner, who is also the solo founder. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Afendi World Limited operates primarily as an agent, involved in the sale of food, beverages, tobacco, and other particular products, also engaging in retail via mail order and internet industries. Its website showcases a range of shisha pipes, flavours, and charcoal, positioning itself as a provider of premium shisha experiences. The site features a blog with articles about shisha culture and history, and an online store where customers can purchase products. It's clear the company is focused on e-commerce, with a strong emphasis on branding and customer engagement.

Financially, Afendi World Limited’s recent performance presents a mixed picture. Cash bank on hand has decreased significantly by 61%, dropping to £5,300. Creditors have risen by 41%, reaching £100,000, while current assets have increased by 36% to £95,000. Interestingly, trade debtors have vanished completely, a big change from the previous year. Equity has also declined, now sitting at -£8,700. The company’s lack of employees (zero reported) suggests a lean operation, and the absence of an auditor, likely due to its small size, means the figures are unaudited. It’s possible the increase in creditors reflects efforts to manage inventory or secure better supplier terms. The decline in cash, however, warrants closer attention.

Overall, Afendi World Limited appears to be a small, online-focused business navigating the challenges of growth. While its niche market and branding efforts are promising, the financial data suggests a need to carefully manage cash flow and potentially address the growing debt burden.

Registered in England/Wales under the registration number 14557415, with a registered address at BD1 5BJ, England, Bradford, Belmont Mills, 7 Burnett Street.

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