Hafa Ltd

Hafa Ltd from Birmingham UK: a small, active company founded six years ago, employs five people, and holds £253,832 in assets. It’s a solo-founded operation with two directors and one owner, Ijaz Aima. The company is an irregular exporter, primarily dealing in various textile products, sets, used clothing, and rags, with just one month of export activity recorded as of December 2022.

The company operates in the retail sale via mail order houses or via internet industries. While a website isn't immediately apparent, this suggests a focus on online sales or partnerships with other retailers. It's likely they've got a presence on marketplaces like eBay or Amazon, or perhaps work with smaller, independent shops.

Financially, Hafa Ltd shows some interesting trends. Cash reserves have seen a significant boost, jumping 4800% to £28,000 – a very positive sign. However, creditors have also surged dramatically, increasing 680% to £250,000, which could indicate a reliance on trade credit to fuel growth. Trade debtors have also increased substantially, 850% to £100,000, which could be a concern if payments aren’t received promptly. Equity has improved, growing 380% to £7,900, but the company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely to be closely managed. The company’s accounts are unaudited, as is common for small entities.

Overall, Hafa Ltd seems to be experiencing a period of rapid growth, but it's important to monitor its ability to manage its increased liabilities. The surge in debtors and creditors suggests a need for careful cash flow management – something that's crucial for any small business.

Registered in England/Wales under the registration number 11549786, with a registered address at B20 2QQ, England, Birmingham, 269 Unit 7 Manthar Estate, Wellington Road ,Handsworth.

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