Al Awan Ltd.

Al Awan Ltd is a small, active company registered in Scotland with the registration number SC676551. Founded four years ago on October 3rd, 2020, it’s based at 0/2 12 Ascog Street, Glasgow, and operates an e-commerce site. The company, run by a solo founder and a single director, Akhtar Muhammad Yousaf, employs just one person and holds £18,359 in assets. It's a tight-knit operation, with just one company registered at the same address, suggesting a real address.

The company specializes in international freight forwarding, offering services like sea, air, and land shipments, customs clearance, and warehousing. Its website highlights a broader network, with branches in Saudi Arabia (Jeddah and Riyadh), Yemen, UAE, and Morocco, and even hints at partnerships and a mobile app. It’s a fairly large operation, despite its small size.

Financially, Al Awan Ltd shows a mixed picture. While cash bank on hand decreased by 31%, equity increased by a significant 66%—a positive sign. However, amounts owed to directors dropped dramatically, and other remaining borrowings surged by a large amount. Finished goods decreased by 12%, and fixed assets also declined. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited. The company seems to be doing okay, but the decrease in cash reserves is something to keep an eye on.

Registered in Scotland under the registration number SC676551, with a registered address at G42 7JP, Scotland, Glasgow, 0/2 12 Ascog Street.

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