Ayat 5 Ltd
- Small
- Active
- 6 years
- 3 employees
- £58,772 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ayat 5 Ltd is a small, active company based in Essex, UK, founded six years ago in 2018. With three employees and £58,772 in assets, it operates as an e-commerce site and is owned and directed by Shah Syed Mohamed Jamil. The company has a real address and is registered with only one other business at the same location. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with the most recent import activity occurring four months ago in December 2024.
The company’s website, Ayat B Wardrobe, is a vibrant online marketplace showcasing collections from various designers, including Asim Jofa, Qalamkar, Zarposh, Afrozeh, and Emaan Adeel. It offers a wide range of ready-to-wear clothing, bridal wear, and unstitched suits, catering to a fashion-conscious clientele. The site emphasizes delivery times of up to 23 weeks after the launch date, suggesting a focus on exclusive or made-to-order items. The website is well-designed and easy to navigate, with a strong presence on social media platforms like Instagram and Facebook.
Financially, Ayat 5 Ltd shows some concerning trends. Current assets have decreased by 18%, dropping to £59,000, while net assets have plummeted 450%, resulting in a negative balance of -£28,000. Cash reserves have also declined significantly, falling 20% to £5,000. Creditors have increased by 37%, reaching £53,000, and bank borrowings have also risen, indicating potential cash flow pressures. 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 it to remain nimble, but the sharp decline in equity raises questions about its long-term viability. As a small company, it is exempt from an audit, so the figures are unaudited.
Despite these financial challenges, Ayat 5 Ltd appears to be a well-branded e-commerce business with a focus on high-end fashion. Whether it can overcome its current financial pressures and continue to thrive in the competitive online retail market remains to be seen.
Registered in England/Wales under the registration number 11576533, with a registered address at IG11 0TA, England, Essex, Unit 3, 6-8 Creek Road Barking.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 5
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 6
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Confirmation statement made on 2024-09-12 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 8 pages pdf report
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Confirmation statement made on 2023-09-12 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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