Bravura Designs Ltd

Bravura Designs Ltd, based in Leicester, UK, is a small, active company founded seven years ago. With a single employee and £158,710 in assets, it operates from a virtual address shared by twelve other companies, a fact that raises some questions. The company is led by one director and owner, Merchant Asghar Ali. It regularly imports clothing and accessories (excluding knitted or crocheted items), with the last import activity recorded four months ago.

The company’s website is non-existent, making it impossible to assess its online presence or e-commerce activities. It appears to operate primarily as a wholesale supplier, focusing on sourcing and distributing clothing and footwear.

Financially, Bravura Designs Ltd presents a mixed picture. Current assets have decreased significantly, dropping 37% to £160,000. Net assets have also taken a hit, falling 71% to -£120,000. Bank borrowings have decreased by 3.7%, reaching £41,000, and cash reserves have increased by 35%, reaching £10,000. Creditors have also decreased substantially, dropping 96% to £1,200. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is expected given its size.

Despite the decrease in assets, the reduction in creditors suggests improved debt management. The negative net assets, however, are a cause for concern, potentially indicating the company is burning through cash. The virtual address, coupled with the negative equity, warrants further investigation, but the company’s continued trading status suggests it’s managing to stay afloat.

Registered in England/Wales under the registration number 11330356, with a registered address at LE5 0EG, England, Leicester, 250 Humberstone Road.

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