Ar Ware Ltd

Ar Ware Ltd from Glasgow UK: a small company with an active status, was founded three years ago. It employs one person and holds £112,966 in assets. The company has two directors and one owner, who is also the solo founder. It’s an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of imports recorded.

The company operates in the retail sale of textiles, carpets, furniture, clothing, and similar items. Its website, AlKaramah Dough, showcases a wide range of Middle Eastern pastries and desserts, including baklava, kunafa, and maamoul. It appears to be primarily an e-commerce business, offering a diverse catalog of frozen products, petit fours, and even custom cakes. The site also highlights a wholesale division, suggesting potential partnerships with retailers and distributors. It’s clear that the company is aiming to cater to a niche market of Middle Eastern food enthusiasts and those seeking unique desserts.

Financially, Ar Ware Ltd’s recent performance presents a mixed picture. Cash reserves have dropped by a significant 370%, falling to £11,000, while bank borrowings have increased to £2,700. Creditors have risen considerably, jumping 70% to £190,000, and debtors have increased by 160% to £45,000. The company’s net assets are at -£72,000, a 51% increase from the previous year. The company is a small business, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). There’s no auditor mentioned, so the figures are unaudited.

Overall, Ar Ware Ltd seems to be facing some financial challenges, with rising debts and declining cash reserves. However, its diverse product range and focus on a niche market could provide a buffer against these pressures. It’s likely that the company is reinvesting in its business to expand its product offerings and reach new customers, but it will need to carefully manage its finances to ensure long-term sustainability.

Registered in Scotland under the registration number SC716602, with a registered address at G5 0SJ, Scotland, Glasgow, Lanarkshire, 9 Thistle Terrace.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.