Fat-catz-copy-catz Limited

Fat Catz Copy Catz Ltd, based in Ilford, UK, is a small, active company established seven years ago in 1978. With five employees and £170,899 in assets, it operates from a virtual address – a detail worth noting as thirty-five companies share the same location. The company is led by a single director and owner, Gaffar Shugufta, and runs an e-commerce site with a 3.0 Google rating based on seven reviews. It regularly imports clothing and accessories, not knitted or crocheted, with thirteen months of import activity recorded, the last in November 2023.

The company's website, while not providing extensive details, suggests a retail operation focused on online sales. It appears to be operating in the retail sale via mail order houses or via internet industries.

Financially, Fat Catz Copy Catz Ltd presents a mixed picture. Current assets have increased by a significant 41%, reaching £170,000, which is good. However, net assets have decreased by 66%, dropping to £6,800 – a worrying trend. Cash reserves have also declined by 66%, sitting at £30,000. Trade debtors have vanished completely, while creditors have increased substantially to £70,000. 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 drop in equity warrants closer examination. There is no auditor mentioned, which is common for small companies, so the figures are unaudited.

Overall, Fat Catz Copy Catz Ltd seems to be navigating some financial headwinds. The increase in assets is positive, but the decline in equity and cash reserves suggests the company might be burning through money. It’s possible that the increased creditors are due to increased stock purchases to meet demand, but it's something to keep an eye on.

Registered in England/Wales under the registration number 11265466, with a registered address at IG1 4AE, England, Ilford, 374 Ley Street.

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