Asani Brand Ltd

Asani Brand Ltd from Witham UK: small company, active status, founded 4 years ago, 1 employee, £6,472 assets, real address, 1 director, 1 owner, solo founder. It’s a private limited company registered in England/Wales with the registration number 13093457, operating in the wholesale of perfume and cosmetics, and retail sale via mail order houses or via internet industries. The company was founded four years ago on December 21, 2020, and registered at CM8 1FR, England, Witham, 10 Owers Road. Its status is active. Officially, it has one owner or PSCs, one director, and one employee.

The company’s website is currently unavailable, making it difficult to assess its e-commerce presence. However, the business description suggests a focus on online and mail-order sales, indicating a likely e-commerce operation. It’s unclear if they have a dedicated online store or utilize third-party platforms.

Financially, Asani Brand Ltd presents a mixed picture. While the company is small (meeting two of three criteria for a small company), its current assets have increased slightly to £6,500, but cash reserves have significantly dropped to just £970. Creditors have risen to £6,200, and bank borrowings have increased to £6,200. This suggests the company is burning through cash, possibly reinvesting in inventory or marketing. The significant increase in finished goods (to £5,500) could indicate a buildup of stock, which might be a good thing or a sign of slowing sales. It's a little concerning that the company’s equity has plummeted to £1,800. With no auditor mentioned, the unaudited figures rely on director-reported data.

The company’s solo founder, Fadahunsi Mariam Olatubosun, holds both director and owner roles, which is common for startups. The lack of employees, while keeping overhead low, might limit the company’s growth potential. Overall, Asani Brand Ltd appears to be navigating the challenges of a young business, with a need to carefully manage cash flow and potentially explore strategies to increase sales and profitability.

Registered in England/Wales under the registration number 13093457, with a registered address at CM8 1FR, England, Witham, 10 Owers Road.

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