Fameed Khalique Ltd

Fameed Khalique Ltd from 533 King's Road UK is a small, active company founded 17 years ago. With 10 employees and £447,445 in assets, it operates from a real address and is led by one director and owner. The company regularly imports stone, plaster, cement, and similar materials (48 months) and exports special woven and decorative fabrics (19 months). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, fameedkhalique.com, focuses on high-end decorative surfaces and materials, showcasing a curated collection of fabrics, embroidery, leather, and semi-precious stone inlays. It’s clear the company is not primarily an e-commerce business; the site is more of a portfolio and contact point for interior designers and architects. The site uses cookies to personalise content and analyse website performance, a common practice for modern websites. It also features a separate section for a piano restoration business, 1066 Pianos, which is a bit of a surprise.

Financially, Fameed Khalique Ltd shows some concerning trends. Accumulated depreciation on property, plant, and equipment has increased significantly, suggesting aging assets. Amounts owed by directors have also risen, though this could be due to various factors. Cash bank on hand has increased substantially, a positive sign, but bank borrowings have also increased. Trade creditors have decreased, which is good, but debtors have plummeted, which might indicate issues with collecting payments. The company’s net assets have improved, but it's still a small margin. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited financial statements.

Overall, Fameed Khalique Ltd appears to be navigating a period of change. While the company's focus on luxury materials and design is evident, the financial data suggests some challenges in managing cash flow and collecting payments. It’s unclear if the piano business is contributing significantly to the company’s performance, but it adds an interesting layer to its operations.

Registered in England/Wales under the registration number 06557350, with a registered address at SW10 0TZ, 533 King's Road, London, 1st Floor The Furniture And Arts Building.

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