Fonem Uk Ltd

Fonem Uk Ltd is a small, active company based in London, UK, founded two years ago in March 2023. It employs just one person and holds £31,093 in assets, operating from a real address at 222 Dacre Park. The company is led by one director and owner, Koca Murat. It’s a regular importer, specializing in clothing and accessories made by knitting or crocheting, with four months of import activity recorded, the last operation made on September 01, 2024.

The company’s website, FONEM UK LTD, lists a phone number (0755 704309) and an email address ([email protected]). It appears to be primarily an online business, with no physical storefront mentioned. The website describes the company as “The Warmness” and provides an address at IDACO BUILDING 3, CHISWICK BUSINESS LONDON, W4 5YA, UK. It seems to focus on wholesale and retail of textiles, clothing, and footwear, as well as acting as an agent for related industries.

Financially, Fonem Uk Ltd presents a mixed picture. Cash bank on hand has seen a significant boost, rising 180% to £24,000, while creditors have dramatically decreased by 120%, settling at £1,900. Current assets have also improved by 170%, reaching £31,000. However, net assets liabilities have increased by 23%, settling at £29,000. Debtors have also risen by 78%, reaching £5,300. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the increase in net assets liabilities suggests it may be burning through cash faster than it’s generating revenue. The accounts are described as “Filleted Accounts” and are unaudited, relying on director-reported data.

The company’s operations are described as wholesale of textiles, retail sale via stalls and markets of textiles, clothing and footwear, and agents involved in the sale of textiles, clothing, fur, footwear and leather goods industries. It’s a small business with a lot of potential, but it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 14706493, with a registered address at SE13 5DD, England, London, 222 Dacre Park.

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