Gain-a-bargain Limited

Gain-a-bargain Limited, based in Romford, UK, is a small, active company founded five years ago in 2020. It employs just one person and holds £1,666 in assets. The business, run by a solo founder and director, Adamjee Tasneem Mufaddal, operates from a real address and has a single owner reported (though this may not be exhaustive).

The company’s website, while not a traditional e-commerce platform, is a portal for the InterAgency Standing Committee (IASC), a UN system body. It doesn't sell goods directly; instead, it serves as a resource hub for humanitarian coordination. The site features statements, guidance, and tools related to humanitarian response, including initiatives like the Humanitarian Reset and the use of data and AI in crisis situations. It’s clear that Gain-a-bargain Limited provides technical support and web hosting services to the IASC, facilitating their online presence and information dissemination.

Financially, Gain-a-bargain Limited’s numbers paint a concerning picture. Net assets have remained negative, sitting at -£18,000, and cash reserves have plummeted by 96%, leaving only £32. Creditors have slightly decreased, but the significant drop in cash and the ongoing negative equity suggest the company is burning through money. Trade debtors have increased, which could indicate delayed payments from the IASC, or a shift in payment terms. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the financial strain is evident. With no auditor mentioned, the unaudited figures rely on director-reported data, and it’s possible the company is struggling to maintain a sustainable business model.

Registered in England/Wales under the registration number 12492497, with a registered address at RM6 6AX, England, Romford, Office 1150 321-323 High Road, Chadwell Heath.

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