Fahad Enterprises Ltd

Fahad Enterprises Ltd, based in Bradford, UK, is a small, active company established 24 years ago. With a single director and owner, and just one employee, the company holds £234,868 in assets and operates from a real address. It’s a regular importer, primarily dealing in plastics and plastic products, with 14 months of import activity recorded. The company’s core business appears to be wholesale of household goods, though its website reveals a much broader scope.

Fahad Enterprises’ website, atiqfahadleather.com, showcases a diverse range of services, including leather jacket manufacturing and fabric jacket production. It also provides extensive training programs in various fields, from computer skills and graphic design to hardware engineering and even AutoCAD. The website details courses ranging from basic Microsoft Office proficiency to advanced Android app development, catering to both students and professionals. The company even offers specialized training in PIC microcontroller programming and circuit design. The website’s scope is impressive, suggesting a multifaceted operation beyond simple wholesale.

Financially, Fahad Enterprises Ltd presents a mixed picture. Current assets have decreased by 17%, falling to £230,000, while net assets have also declined by 10%, settling at £87,000. Bank borrowings have decreased by 9.2%, dropping to £45,000, and cash reserves have seen a dramatic increase of 3300%, reaching £19,000. Creditors have also decreased by 9.6%, to £72,000. 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. Despite the decrease in assets, the significant increase in cash reserves is a positive sign, though it remains to be seen if this trend will continue. The company is exempt from an audit as a small entity, so the financial information is unaudited. It’s a bit unclear how the training programs relate to the plastics import business, but the company seems to be diversifying its operations, which could be a smart move.

Registered in England/Wales under the registration number 04206179, with a registered address at BD4 8SS, England, Bradford, Bowling Ironworks, Bowling Back Lane.

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