Aren Foreign Trade Ltd

Aren Foreign Trade Ltd is a small, active company based in Canterbury, UK, founded two years ago in March 2023. It’s a solo founder operation with one director and owner, Ozden Gokhan, and holds a real registered address. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The business operates in the retail sector, specifically selling textiles, clothing, and footwear via stalls and markets, mail order, and online. Its website, while simple, highlights a focus on building communities through events, offering a range of conferences, webinars, and roundtables across various industries, including consumer products, retail, financial services, and technology. It seems to be a B2B events company, connecting businesses and facilitating learning and networking opportunities. They host events for thousands of executives annually, featuring industry leaders and case studies.

Financially, Aren Foreign Trade Ltd is facing some challenges. Current assets are down 14% to £410, while net assets have plummeted 99.7% to -£3300. Bank borrowings are at £0, and cash reserves are also at £410. Creditors have remained steady at £3700. The company’s small size helps it remain agile, but the significant equity decline is concerning. No auditor is mentioned, which is typical for small companies. The accounts are described as "filleted" and unaudited, and were prepared using Taxfiler software.

It appears the company is burning through cash, and while the events business seems active, the financial picture suggests a need for careful management. The lack of employees (zero reported) indicates a lean operation, but the negative equity is a red flag. It’s possible the company is reinvesting heavily in its events business, but the trend needs to be monitored closely.

Registered in England/Wales under the registration number 14750346, with a registered address at CT2 7HQ, England, Canterbury, 6 St. Michaels Place.

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