Arooz Limited

Arooz Limited is a small, active company based in Wigan, UK, founded three years ago in July 2021. It employs just one person and is led by two directors, with one owner—the solo founder, Bin Musarraf Sheikh Abdullah Adnan. The company operates in the retail sale via mail order houses or via internet, and the other retail sale not in stores, stalls or markets industries. The address is probably real as only one company registered at the same address.

The company’s website, while not a fully developed e-commerce platform, presents a basic index of files and folders, suggesting a limited online presence. It doesn't provide a clear indication of what products or services Arooz Limited offers, but the file structure hints at a back-end system for managing inventory and orders.

Financially, Arooz Limited is showing some concerning trends. Cash reserves have fallen by a significant 74%, dropping to just £19, while creditors have skyrocketed by 19,000%, reaching £2,900. Equity, however, has increased dramatically, jumping 7200% to £4,200, and net assets and liabilities have also increased substantially. 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 increase in creditors and decrease in cash suggests it may be struggling to manage its short-term obligations. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s reliance on retail sales and the lack of a robust online store could be contributing to its financial pressures. It’s possible that the business is experiencing seasonal fluctuations or facing increased competition. The significant increase in creditors could indicate a need to negotiate better payment terms with suppliers, or it could be a sign of cash flow problems.

Registered in England/Wales under the registration number 13509248, with a registered address at WN6 0ZW, United Kingdom, Wigan, Lancashire, 3, Spearwort Close, Standish.

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