Hafiz Mustafa 1864 London Ltd

Hafiz Mustafa 1864 London Ltd from London UK: a small, active company founded four years ago, employs just one person, and holds assets of £2,132,722. It's led by four directors and has one owner, operates an e-commerce site, and enjoys a stellar 5.0 Google rating based on over 3000 reviews. The company regularly imports machinery, boilers, and mechanical appliances, with 45 months of import activity recorded.

The company’s website showcases a traditional Turkish confectionery business, specializing in baklava and Turkish delight. It operates a physical store in Istanbul and offers worldwide shipping via DHL or Fedex. The site also highlights a history stretching back to 1864, emphasizing quality and heritage. It’s a family-run business with a focus on both online sales and in-store experiences.

Financially, Hafiz Mustafa 1864 London Ltd presents a mixed picture. While current assets remained stable at £2,100,000, net assets significantly decreased by 100% to -£1,400,000. Bank borrowings increased by 130%, reaching £700,000, and cash reserves fell by 61% to £160,000. Creditors also increased by 37%, reaching £7,400. The company's small size—meeting two of three conditions for being a small company—allows for agility, but the substantial equity decline raises concerns. With no auditor mentioned, the figures are unaudited.

Overall, Hafiz Mustafa 1864 London Ltd appears to be navigating a challenging financial period, despite its strong brand reputation and loyal customer base. It’s a business that’s likely facing increased costs or perhaps reinvesting heavily in its operations—but the sharp drop in equity warrants close monitoring.

Registered in England/Wales under the registration number 13179648, with a registered address at SW3 1ER, England, London, 92 Brompton Road.

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