Ami Retail Ltd

AMI Retail Ltd is a small, active company based in London, UK, founded three years ago in 2021. It operates from a virtual address and is led by a single director and owner, Ishfaq Abdul-mateen, who also acts as the solo founder. The company’s primary focus is retail sale via mail order houses or via internet, and it's known for its stylish clothing and accessories.

The company's website, ami-paris.com, showcases a full range of ready-to-wear collections for women and men, alongside a selection of leather goods and accessories. The site features a sleek, modern design and a focus on visual storytelling, with high-quality photography and video content. It’s clearly an e-commerce business, with a focus on direct-to-consumer sales. The site also highlights a commitment to sustainability and ethical production practices, which is increasingly important to consumers.

Financially, AMI Retail Ltd presents a mixed picture. Cash on hand has significantly decreased by 78%, dropping to just £43, while net assets and liabilities have both increased by 14%, now sitting at -£1700. Creditors are up slightly at £1700, and loans from directors have also increased to £1700. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, so the figures are unaudited.

The decline in cash reserves and increase in liabilities suggest that AMI Retail Ltd might be burning through money. It's possible that the company is investing heavily in marketing and inventory to drive sales, or that it’s facing increased competition in the online retail market. The lack of employees reported also indicates a lean operation, which could be both an advantage and a disadvantage. While it keeps overhead costs low, it also limits the company’s ability to scale quickly.

Registered in England/Wales under the registration number 13373843, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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