Combined Group Ltd
- Small
- Active
- 10 years
- £373 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
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
Social media
Summary
Combined Group Ltd is a small, active company based in Birmingham, UK, founded ten years ago in 2015. The company holds just £373 in assets and operates from a virtual address shared by 474 other companies, suggesting a potentially shared service arrangement. It’s a solo-founder operation, with one director and one owner, Ahmed Mohammed Jahed, who also serves as the director. The company's status is active.
The company operates in the retail sale via mail order houses or via internet industries, according to its website. It positions itself as the "premier boutique manufacturers' rep agency," boasting 60 years of experience. The website details a focus on value and support for both manufacturers and customers, highlighting a long history of service. It seems they are a manufacturer's representative, connecting manufacturers with accounts. They have an office in Northbrook, Illinois, and a phone number in the US.
Financially, Combined Group Ltd presents a concerning picture. Current assets have plummeted by a staggering 76%, dropping to just £370. Net assets have also decreased significantly, falling 43% to -£110,000. Bank borrowings have increased substantially, rising to £24,000, and cash reserves have dried up, decreasing 76% to £370. Creditors have also increased by 40%, reaching £110,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may offer some flexibility, but the substantial losses and dwindling cash reserves raise serious questions about its financial health. There's no auditor mentioned, which is common for small, exempt companies. The accounts are described as "filleted," meaning they are simplified and don't include a detailed profit and loss statement.
Registered in England/Wales under the registration number 09382295, with a registered address at B19 2HN, United Kingdom, Birmingham, Six Ways Business Centre, 1 Guildford Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Ahmed Mohammed Jahed
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ahmed Mohammed Jahed
- 10 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 6 pages pdf report
-
Confirmation statement made on 2024-08-12 with updatesDownload 5 pages pdf report
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Change of details for Dr Mohammed Jahed Ahmed as a person with significant control on 2024-08-02Download 2 pages pdf report
FAQ about Combined Group Ltd
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