Farid Ag Holdings Limited
- Small
- Active
- 11 years
- 2 employees
- £888,654 (assets)
- Virtual address
- 2 directors
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Farid Ag Holdings Limited is a small, active company based in London, UK. Founded eleven years ago in 2014, it employs just two people and holds assets totaling £888,654. The company operates from a virtual address, a detail flagged by the high number of businesses registered at the same location – over 47,000. It’s led by two directors and has one owner, Farid Saeed, though the list of owners may not be exhaustive.
The company’s website, Farid Zoeller Group, showcases a vast network of regional offices, spanning from Afghanistan to Zimbabwe. It appears to be a distributor or representative for various products and services, catering to a global clientele. The site’s focus is on providing access to products and services through regional markets and languages, suggesting a broad reach and potentially complex logistical operations. It’s a bit confusing, but they seem to be offering a wide range of services and products.
Financially, Farid Ag Holdings Limited shows a mixed picture. Current assets have surged by a remarkable 410% to £760,000, a significant boost. However, net assets also increased substantially, reaching £980,000. Bank borrowings remain low at £1 GBP, and cash reserves are steady at £62,000. Creditors have increased to £73,000, a detail worth noting. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the substantial increase in assets and creditors suggests a period of growth, perhaps fueled by increased activity. There's no mention of an auditor, which is typical for companies of this size.
The company’s recent activities include managing Ellercroft Limited and a history of operating as Boxene Software Limited. The financial data indicates a period of expansion, but it’s important to monitor whether this growth is sustainable, or if it’s burning through cash.
Registered in England/Wales under the registration number 08887546, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Farid Saeed
- 4 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Moore David
- 9 months
- 2
-
Resident of United Kingdom
-
Individual
- Moore Stephen Jon
- 9 months
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-11-24 with updatesDownload 4 pages pdf report
-
Termination of appointment of Saeed Farid as a director on 2024-10-01Download 1 page pdf report
-
Unaudited abridged accounts made up to 2023-02-28Download 10 pages pdf report
Farid Ag Holdings Limited controls
Manages
-
Corporate
- Ellercroft Limited
- 7 months
-
Resident of United Kingdom
FAQ about Farid Ag Holdings Limited
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