Garmnt Ltd

Garmnt Ltd from Walsall UK: small company, active status, founded 5 years ago, virtual address, 1 director, 1 owner, solo founder. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company was incorporated on March 19, 2020, and operates in the retail sale via mail order houses or via internet industries. The registration address is WS5 3DU, England, Walsall, 5 Appledore Terrace, but it’s likely a virtual address, as fifty-five companies are registered there. Farooq Nadia is both the director and owner of Garmnt Ltd.

The company’s website, Garment Printing Ltd, showcases a wide range of customisation options for printed and embroidered clothing. It caters to various needs, from promotional clothing and workwear to schoolwear, sportswear, and corporate events. The site highlights digital t-shirt printing, even for single items, and emphasizes bespoke service and years of experience. They offer a broad range of colours, sizes, and styles, using technologies like screen printing, digital printing, vinyl cut lettering, and embroidery. The site also includes a cookie consent management section, which is a nice touch.

Financially, Garmnt Ltd is facing some challenges. Net assets and liabilities have increased significantly, rising by 280% to -£3,600. Cash on hand remains steady at £3,500, but creditors have also increased by 59% to £7,100, and loans from directors are up to £7,100. The company hasn’s reported any employees. It's a filleted account, and no auditor is mentioned, which is common for small, exempt companies. These numbers suggest the company is burning through money, perhaps reinvesting in growth or facing unexpected expenses. It’s a common pattern for startups, but the lack of employees raises questions about efficiency.

Registered in England/Wales under the registration number 12526407, with a registered address at WS5 3DU, England, Walsall, 5 Appledore Terrace.

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