Fame On Brent Limited

Fame On Brent Limited is a small, active company based in London, UK, established seven years ago. With two employees and £342,814 in assets, it operates from a virtual address and is overseen by four directors, though no owners are officially listed. The company boasts a stellar 5.0 Google rating from seven reviews and regularly imports clothing and accessories—not knitted or crocheted—with 31 months of import activity recorded.

The company’s core business appears to be retail sale of clothing in specialised stores. While no website is available for review, the company’s profile suggests a focus on fashion retail. It’s likely operating primarily through wholesale or other channels, rather than direct-to-consumer sales.

Financially, Fame On Brent Limited presents a mixed picture. While current assets increased by 44% to £340,000, net assets declined by 11% to -£310,000. Bank borrowings decreased by 12% to £26,000, and cash reserves grew by 9% to £90,000. Creditors increased by 28% to £640,000, and trade debtors plummeted by 80% to £6,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests it’s burning through money. The increase in creditors could be due to expanding operations or negotiating better payment terms with suppliers. The decrease in trade debtors could mean improved collections or a shift in sales strategy. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s directors, Mozes Solomon, Wasyng Charles, Mozes Reizy, and Bude Hannah, have been in place since its founding. The lack of listed owners, combined with the negative equity, could indicate that the directors are personally investing heavily in the business. Overall, Fame On Brent Limited seems to be navigating a challenging financial landscape, but its strong Google rating and consistent import activity suggest a loyal customer base and a viable business model.

Registered in England/Wales under the registration number 11051698, with a registered address at N3 1DH, United Kingdom, London, First Floor, Winston House, 349 Regents Park Road.

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