Arshad Brother & Co Veg Ltd

Arshad Brother & Co Veg Ltd is a small, active company based in Rochdale, UK, established eight years ago in January 2017. With three employees and £300,781 in assets, it operates from a real address at 7 Milngate Close, and is overseen by one director and owner. The company regularly imports edible vegetables and roots, with 7 months of import activity recorded, the last operation made in September 2023.

The company’s website showcases a long history, starting in 1985 as a manufacturer and exporter of leather industrial safety products. It expanded to Europe in 1990 and then to North America, Australia, and Africa by 1998. The site highlights a focus on high-quality leather gloves, with a particular emphasis on restoration and customisation. The company also offers a wide range of industrial gloves, from basic work gloves to specialised motocross and winter gloves. It’s a comprehensive selection, and the website is well-designed, though it could benefit from some modern updates.

Financially, Arshad Brother & Co Veg Ltd shows a mixed picture. Current assets have increased by 20% to £300,000, while net assets have jumped 32% to £100,000. Cash reserves have decreased by 5% to £91,000. Creditors have increased by 16%, reaching £180,000, and trade debtors have risen by 35% to £190,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors suggests a need to manage customer payments more effectively. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Arshad Brother & Co Veg Ltd appears to be holding its own, though it needs to keep a close eye on its debtor management. The long-standing history and focus on quality leather products suggest a resilient business, but the increasing costs of creditors could pose a challenge in the future.

Registered in England/Wales under the registration number 10552927, with a registered address at OL16 4QS, England, Rochdale, 7 Milngate Close.

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