Bintaan Ltd

Bintaan Ltd from Preston UK: a small, active company founded four years ago, boasts £8,878 in assets, operates from a virtual address, and is managed by two directors and two owners. It’s a family business specializing in retail sales via mail order and the internet.

The company's website, beautifully modest, showcases a range of versatile Khimars, Abayas, and Hijabs perfect for any occasion. Customers can browse collections online, with featured products like Round Salah Jersey Hijabs and Full Length Khimars readily available. The site also highlights a blog with updates and contact information, and even offers wholesale bulk buy options. The website design is by Time94.com.

Financially, Bintaan Ltd’s numbers paint a mixed picture. Current assets have decreased by 22% to £8,900, and net assets have also fallen by 14% to £7,000. However, creditors have seen a significant drop of 64%, and cash on hand has plummeted 55% to just £4,900. Interestingly, loans from directors have decreased by 62%, and inventory has risen dramatically by 710%. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a formal audit, relying on unaudited accounts.

It seems Bintaan Ltd is facing some financial headwinds, with declining cash reserves and rising inventory. The reduction in creditors is a positive sign, but the overall trend suggests a need to carefully manage expenses and potentially explore new revenue streams. It's a common situation for small, family-run businesses, and the company's online presence and niche product offering could provide a foundation for future growth.

Registered in England/Wales under the registration number 13240736, with a registered address at PR1 5EA, England, Preston, 239 Ribbleton Lane.

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