Garffen Ltd

Garffen Ltd, based in Ashton-Under-Lyne, UK, is a small, active company established sixteen years ago. Employing just two people, it holds £91,054 in assets and operates a real-world address alongside an e-commerce site. With one director and owner, Hemahrahsh Azad, at the helm, the company regularly imports coffee, tea, mate, and spices—three months of import activity were recorded up to August 2022—and occasionally exports miscellaneous food products, with two months of export activity ending in November 2022. The company operates in the non-specialised wholesale of food, beverages, and tobacco industries.

The company’s website, Garffen Ltd, showcases a diverse range of products, from turbo yeasts and wine-making kits to dried fruits, fruit powders, and PPE. It’s clear the business caters to both home enthusiasts—with a focus on wine-making—and industrial customers seeking safety equipment. The site’s product categories are extensive, suggesting a broad-ranging inventory and a desire to serve multiple markets.

Financially, Garffen Ltd presents a mixed picture. While current assets have increased slightly to £91,000, a small increase, net assets have decreased to -£4,300, a significant downturn. Cash on hand has improved, rising to £4,900, a positive sign, but trade creditors have also increased to £11,000, suggesting potential short-term payment pressures. Bank borrowings have not been reported. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the negative equity raises concerns. No auditor is mentioned, as is typical for companies of this size.

Overall, Garffen Ltd seems to be navigating a challenging environment. While its e-commerce platform and product range appear well-developed, the financial data suggests the company is burning through cash. Whether this is a temporary setback or a longer-term trend remains to be seen, but it highlights the difficulties faced by small businesses in a competitive market.

Registered in England/Wales under the registration number 06765276, with a registered address at OL6 7LB, England, Ashton-Under-Lyne, 35 Booth Street.

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