Faqrah Direct Ltd

Faqrah Direct Ltd is a small, active company based in Bradford, UK, founded two years ago. It’s a solo venture employing just one person and holding £2,702 in assets. The company operates an e-commerce site, selling men's clothing and accessories, and is led by a single director and owner, Awan Tqeer Ahmed. It has a real registered address and is classified as a small company, meeting two of the three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company's website, Farah Mens Clothing Accessories, showcases a wide range of clothing, from shirts and sweaters to trousers and shorts. It also features a "Sustainability" section, highlighting its commitment to responsible sourcing and production, with initiatives like organic cotton and recycled polyester. The site offers global shipping and free UK returns, and even includes a size guide and FAQ section to enhance the customer experience. There’s a lot of product categories, and even a section for the Gold F Collection and FTab Collection.

Financially, Faqrah Direct Ltd is showing some concerning trends. While the company's net assets are a mere £1, indicating a negative equity of -£2,900, its bank balance is a reasonable £1,700. Trade creditors have risen sharply, reaching £4,300, which could indicate a reliance on short-term financing. Cash reserves are low, and the company's current assets are a modest £2,700. The lack of employees, combined with the negative equity, suggests a lean operation, but also potential financial vulnerability. The accounts are unaudited and rely on director-reported data.

Despite the financial challenges, Faqrah Direct Ltd appears to be actively pursuing growth through its online presence and sustainability initiatives. Whether it can overcome its current financial pressures and build a sustainable business remains to be seen.

Registered in England/Wales under the registration number 14792936, with a registered address at BD5 9DS, England, Bradford, 58 Thornton Lane.

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