Ha-mim Global Ltd

Ha-mim Global Ltd is a small, active company based in Birmingham, UK, founded four years ago. It’s a solo venture led by a single director and owner, Hussain Syed Abdullah, and holds just £4 in assets, generating £1 in revenue. The company operates in the retail sale via mail order houses or via internet industries.

The company's website reveals a much larger operation than its financial figures suggest. HaMeem Group is a leading Bangladeshi clothing manufacturer, supplying readymade garments and denim fabric globally. It boasts 300 production lines, a 50,000-strong workforce, and a comprehensive manufacturing facility including denim mills, sweater factories, laundry plants, and accessories units. The group exports to the USA and Europe, producing 7 million woven garments monthly and employing around 50,000 workers. It even owns a newspaper and news channel.

Financially, Ha-mim Global Ltd presents a curious picture. While its small size (meeting two of three conditions for a small company) allows for agility, the numbers are… modest. Net assets are a mere £5, with losses exceeding assets. Cash reserves are just £1, and bank borrowings are also £1. Trade debtors are also £1. While creditors have remained stable, the lack of turnover and profits is striking. The company’s small size exempts it from an audit, so the figures are unaudited.

The discrepancy between the company's financial health and the scale of its parent group is notable. It’s possible that Ha-mim Global Ltd serves as a UK-based sales or distribution arm for the larger Bangladeshi operation, with minimal financial activity of its own. Or perhaps the UK arm is struggling to gain traction in a competitive market. Regardless, the company’s future hinges on its ability to leverage the resources and reputation of its parent group while navigating the challenges of a small business.

Registered in England/Wales under the registration number 12775974, with a registered address at B5 5JE, United Kingdom, Birmingham, West Midlands, 89 Masshouse Plaza.

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