Fintax International Ltd

Fintax International Ltd from West Drayton UK: small company, active status, founded 2 years ago, real address, 1 director, 1 owner. The company is a private limited company registered in England/Wales with the registration number 14671847. It operates in the retail sale via mail order houses or via internet industries and is currently led by a single director and owner, Farid Muhammad Hamza. The company was founded two years ago on February 17, 2023, and registered at UB7 7TY, England, West Drayton, 47 Laurel Lane. The address is probably real as only one company registered at the same address.

The company’s website, while not providing extensive details, suggests a focus on online retail. It’s unclear if it’s a full-fledged e-commerce platform or simply a landing page with contact information. The lack of product listings or a shopping cart indicates a more limited online presence, possibly acting as a sales support tool rather than a primary revenue generator. It seems the company is focused on a niche market.

Financially, Fintax International Ltd presents a concerning picture. The company’s net assets liabilities are at -£400 GBP, and retained earnings are also negative. Cash reserves are essentially non-existent, and bank borrowings remain at £400 GBP. While creditors are stable at £400 GBP, the overall trend points towards a company struggling to generate profit and maintain solvency. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, relying on unaudited accounts. The accounts are described as "filleted accounts" and prepared in accordance with FRS 102 Section 1A. It seems like the company is not trading.

Registered in England/Wales under the registration number 14671847, with a registered address at UB7 7TY, England, West Drayton, 47 Laurel Lane.

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