Hayat E-commerce Ltd
- Small
- Active
- 5 years
- £2,607 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Hayat E-commerce Ltd is a small, active company based in Peterborough, UK, founded five years ago in July 2019. It’s a solo-founded operation with one director and owner, Hayat Muhammad Zahid. The company holds just £2,607 in assets and operates from a virtual address shared by thirty-two other companies, raising some questions. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
The company’s website, Hayatecom, showcases an e-commerce business focused on home and kitchen products. It emphasizes quality, customer service, and a commitment to reliability, offering a range of products and services. The site encourages customers to contact them for “ecommerce options” and even offers design packages. It’s a fairly standard online retail setup, with a mailing list signup and a simple contact form.
Financially, Hayat E-commerce Ltd is showing some concerning trends. Current assets have fallen by a significant 34%, dropping to £2,607. Equity has plummeted, with retained earnings and accumulated losses now at -£2,700 – a substantial decline. Cash reserves have also decreased by 26%, sitting at £2,100. While creditors have increased slightly, it’s the sharp drop in equity that’s most noteworthy. The company’s small size helps it stay nimble, but the financial pressures are evident. With no auditor mentioned, the figures are unaudited.
It seems like Hayat E-commerce Ltd is facing some challenges. The drop in assets and equity suggests the company might be burning through cash, but it's difficult to say for sure without more information. The virtual address and lack of employees (zero reported) also raise questions about the scale and sustainability of the business.
Registered in England/Wales under the registration number 12106556, with a registered address at PE1 2PN, United Kingdom, Peterborough, Cambridgeshire, Laxton House, 191 Lincoln Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Hayat Muhammad Zahid
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Hayat Muhammad Zahid
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Confirmation statement made on 2024-07-12 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-07-31Download 9 pages pdf report
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Total exemption full accounts made up to 2022-07-31Download 9 pages pdf report
FAQ about Hayat E-commerce Ltd
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