Ar Bizz Ltd
- Small
- Active
- 11 years
- 3 employees
- £47,420 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Ar Bizz Ltd is a small, active company based in Glasgow, UK, founded eleven years ago in 2014. It employs three people and holds £47,420 in assets. The company, with a real registered address and a single director and owner (a solo founder), operates in the retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets.
The company's website, while not explicitly detailed in the report, suggests a focus on online retail, likely involving the sale of goods directly to consumers. It's difficult to determine the exact nature of the products sold without further information, but the industry classification points towards a broad range of consumer goods.
Financially, Ar Bizz Ltd shows a mixed picture. Current assets decreased by 1.8% to £47,000, while net assets remained relatively stable at £47,000. Bank borrowings decreased by 39%, indicating better debt management, and cash reserves dropped to just £2. Trade debtors increased by 2.1%, suggesting a possible increase in sales on credit. 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 remain flexible, but the decline in cash reserves is something to keep an eye on. As a small company, it is exempt from an audit, so the figures are unaudited.
The company's sole director, Iqbal Raheel, seems to be driving the business forward, but the lack of employee growth and the fluctuating cash position could indicate challenges. The company's continued existence, despite these factors, suggests a resilient business model, but it’s something to watch.
Registered in Scotland under the registration number SC474827, with a registered address at G51 2AH, Scotland, Glasgow, 3/2 10 Edmiston Drive.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Iqbal Raheel
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Iqbal Raheel
- 11 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Registered office address changed from Unit 1 588 Glasgow Road Clydebank G81 1NH Scotland to 3/2 10 Edmiston Drive Glasgow G51 2AH on 2024-06-12Download 1 page pdf report
-
Confirmation statement made on 2024-05-22 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-05-13Download 7 pages pdf report
FAQ about Ar Bizz Ltd
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