Fah Mai Holdings Limited

Fah Mai Holdings Ltd, based in Fareham, UK, is a small, active company founded seven years ago in 2017. With five employees and £5.45 million in assets, it’s a modest operation led by a single director and owner. Google users rate it a perfect 5.0 based on one review. The company’s business model is unique: it’s an irregular importer of drinks, alcohol, and vinegar (last import in 2022) but a regular exporter of the same products (last export in 2022).

The company’s website, Fah Mai Investing in Whisky, reveals a more ambitious venture. FMHG aims to become the world’s most extensive collection of rare Scotch whisky, offering investors the opportunity to buy into its "Fah Mai Rare Collection." It's currently a US publicly traded company, trading on the OTC stock exchange under the ticker FMHG. The website details a broader vision of investing in alternative assets like art, antiques, and land, with a focus on "autonomous growth." It even has a social responsibility program called "The Hope Fund," supporting local communities in Thailand.

Financially, Fah Mai Holdings Ltd presents a mixed picture. Bank borrowings have surged by 200%, reaching £1.1 million, while cash reserves have plummeted 84%, leaving just £48,000. Creditors have increased by 37%, and trade debtors have fallen by 50%. Net assets have remained stable at -£1.9 million. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash and increase in debt suggest it's burning through money. With no auditor mentioned, the figures are unaudited. It’s clear that while the whisky investment venture shows promise, the company is facing financial challenges, and it's uncertain whether it can sustain its growth ambitions.

Registered in England/Wales under the registration number 10817925, with a registered address at PO14 1JF, United Kingdom, Fareham, Hampshire, 4 Davis Way.

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