Gofashiondirect Limited

Gofashiondirect Limited is a small, active company based in Dudley, UK, founded four years ago in June 2020. It’s a solo-founded operation with a single director and owner, Raja Basit Ahmed, and employs just four people. The company holds £11,591 in assets and operates from a real address within the Queens Cross Business Park. It runs an e-commerce site focused on retail sales via mail order and the internet.

The company’s website showcases a range of fashion items, likely targeting online shoppers. While details about the specific product lines are limited, the site’s presence suggests a focus on accessible and trendy clothing. It’s clear the business is trying to reach a broad customer base through online channels.

Financially, Gofashiondirect Limited presents a mixed picture. While net assets increased by a healthy 60%, reaching £1,600, cash reserves have taken a hit, falling 38% to £5,300. Trade debtors have surged by an impressive 380%, indicating a significant increase in outstanding customer payments, which could be a cause for concern. Creditors have also decreased slightly, which is a positive sign. The company's small size (meeting two of three criteria for a small company) helps keep overheads manageable, but the rise in debtors needs monitoring. No auditor is mentioned, reflecting the company’s exemption as a small entity.

Overall, Gofashiondirect Limited appears to be navigating the challenges of an e-commerce business. The increase in debtors is something to keep an eye on, but the growth in net assets suggests underlying business momentum.

Registered in England/Wales under the registration number 12646092, with a registered address at DY1 1TB, England, Dudley, Unit 14 Queens Cross Business Park, Angel Street.

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