Bia Creations Ltd

Bia Creations Ltd from Chadderton, Oldham UK: small company, active status, founded 1 year ago, 1 employee, £26,043 assets, real address, 1 director, 1 owner, solo founder. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, incorporated on July 14, 2023, is currently managed by a single director and owner, Bashir Mohammad Erfan, who also serves as the sole employee. The registered address, 10 Raymond Avenue, is a real address as only one company is registered there.

Bia Creations Ltd operates in the retail sale via mail order houses or via internet industries. While no website is available to analyze, this suggests an online retail focus, potentially selling products directly to consumers. It's likely an e-commerce operation, although the specific products remain unknown.

Financially, Bia Creations Ltd presents a mixed picture. Current assets are reported at £26,043, but net assets are in the negative, standing at -£1,000. This indicates the company's liabilities exceed its assets. Bank cash on hand remains steady at £1,000. Creditors are at £27,000, and loans from directors are £21,000. The accounts are described as "filleted" and "unaudited," meaning they are simplified and haven't undergone an external audit, which is common for small companies. The company's small size and reliance on director loans suggest it's a startup still navigating early-stage challenges. It's likely that the company is burning through cash, but the lack of turnover data makes it difficult to assess the extent of this. It would be good to see a bit more information here.

Registered in England/Wales under the registration number 15004768, with a registered address at OL9 7HW, United Kingdom, Chadderton, Oldham, Greater Manchester, 10 Raymond Avenue.

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