Alayash Limited

Alayash Ltd from Glasgow UK: a small, active company founded six years ago, employs fifteen people, and holds £214,308 in assets. Run by a single director and owner (a solo founder), it boasts a perfect 5.0 Google rating from three reviews. The company regularly imports furniture, lighting, and prefabricated buildings—four months of import activity recorded, with the latest operation in November 2024.

The company operates in the wholesale of household goods and the retail sale via mail order and internet industries. Its website, while not fully developed, indicates a focus on these import-driven activities. It's a real address, with only two companies registered there, which is probably a good sign.

Financially, Alayash Ltd presents a mixed picture. Current assets have fallen by 34% to £210,000, while net current assets have plummeted to a negative £130,000. Bank cash has dropped significantly by 53% to £29,000, and creditors have decreased by 60%, which is a positive sign. However, the significant decrease in net current assets suggests the company is struggling to manage its short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in current assets raises concerns. There’s no auditor mentioned, so the figures are unaudited.

While the import business appears active, the financials indicate a company facing financial pressures. It's likely that the company is burning through cash, and it needs to carefully manage its expenses and improve its cash flow. The owner, Chowdhury Ashraf Ullah, is clearly working hard to keep the business afloat, but the company’s long-term success will depend on its ability to generate sustainable profits.

Registered in Scotland under the registration number SC604041, with a registered address at G73 1LL, Scotland, Glasgow, Unit 1, The Duchess Estate 5 Sievewright Street, Rutherglen.

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