Azaani Ltd

Azaani Ltd from Edinburgh UK: small company, active status, founded 5 years ago, £58,456 assets, real address, 3 directors, 3 owners, family business, e-commerce site. Regular importer of miscellaneous manufactured goods (4 months imported). Azaani Ltd is a private limited company registered in Scotland with the registration number SC652922. It's a small, family-run business with an active trading status, established five years ago. The company employs no one, holds £58,456 in assets, and operates from a real address in Edinburgh. It’s managed by three directors and owned by three individuals – Ahmed Maqsood, Ahmed Shahinah, and Ahmed Wasim – and operates an e-commerce site. The company regularly imports miscellaneous manufactured goods, with the latest import operation made on June 01, 7024.

The company’s website, Wazookah, specializes in hookah accessories and equipment. It offers a wide range of hookahs, bowls, heat management devices, and charcoal, catering to enthusiasts seeking premium smoking experiences. The site is well-designed and easy to navigate, with clear product descriptions and high-quality images. It also features a blog with articles on hookah culture and maintenance tips. The site’s branding emphasizes quality, style, and a passion for hookah.

Financially, Azaani Ltd presents a mixed picture. Current assets increased by 24% to £58,000, which is a positive sign, but net assets decreased by 39% to -£15,000, indicating a significant equity drop. Bank borrowings remained steady at £9,800, and cash reserves increased by 92% to £3,300. Creditors increased by 21% to £64,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity decline raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial situation suggests it’s burning through money, although the increase in cash reserves offers a glimmer of hope. It’s possible the company is reinvesting in its e-commerce platform or expanding its product line, but the negative equity is a cause for concern. The company’s future hinges on its ability to generate sales and improve its profitability.

Registered in Scotland under the registration number SC652922, with a registered address at EH11 2AA, Scotland, Edinburgh, 73 Dalry Road.

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