Aiman Fashion Ltd

Aiman Fashion Ltd from Manchester UK: a small, active company founded eight years ago, operates from a virtual address and is run by a solo founder with one director and owner. It’s a small business, meeting two of three conditions—turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees—and runs an e-commerce site.

The company’s website, Aiman Fashion, appears to be focused on clothing retail. It’s a private limited company registered in England/Wales and describes itself as a clothing shop in Glasgow, Scotland. The business operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and no number of employees published.

Financially, Aiman Fashion Ltd’s recent reports show a concerning trend. Cash bank on hand has plummeted by a staggering 96%, falling from £960 to just £43. Creditors have increased significantly, with those due within a year rising 45% to £9,500. Equity has also taken a hit, with retained earnings and accumulated losses dropping 180% to -£16,000. Net assets and liabilities are also down, and the company’s total net current assets are negative. While short-term creditors are measured at transaction price, and turnover is recognised when risks and rewards have transferred, the overall picture suggests the business is struggling to maintain financial stability. The accounts are described as “filleted” and audited exempt, relying on an accountant’s report.

Despite these challenges, Aiman Fashion Ltd’s small size allows for agility. The company’s focus on e-commerce and retail suggests a desire to connect directly with customers, but the financial data indicates it’s burning through cash. Whether this is a temporary setback or a sign of deeper issues remains to be seen, but the company will need to address these trends to ensure its long-term viability.

Registered in England/Wales under the registration number 10282183, with a registered address at M14 7HR, England, Manchester, Suit 2, Parkway 5 Princess Road, 300 Princess Road.

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