Heaven Trading Mcr Ltd

Heaven Trading Comfortable Activewear, based in Manchester, UK, is a small, active company founded five years ago. With three employees and £147,904 in assets, it operates from a virtual address and is led by a solo founder and director, Akbar Muhammad Shakeel. The company’s primary focus is an e-commerce site selling tracksuits and hoodies, particularly “daddy style” options for men and kids, alongside a selection of zippered hoodies. It seems like a popular choice, with a strong presence on Amazon.

The company's website highlights a focus on comfortable, urban-style activewear, aiming to provide high-quality, trendsetting clothing. It’s clear they’re targeting a specific aesthetic, and the site’s design and product range reflect that. They’re also promoting their products through Amazon, which is a good way to reach a wider audience.

However, the financial picture is a little concerning. While the company is small – meeting two of three criteria for a small company – net assets have plummeted to a negative £47,000, a massive 680% increase in losses. Cash reserves have also shrunk considerably, falling 56% to just £23,000. Trade debtors have also decreased, which is good, but creditors have risen by 9.2%. Bank borrowings have also become negative, indicating a reliance on loans. It’s a significant shift, and suggests the company may be burning through cash.

The company’s director, Muhammad Shakeel Akbar, is also taking out loans from the company, which is a common practice for small businesses, but it adds another layer of complexity. It’s worth noting that the accounts are unaudited, and rely on director-reported data. Overall, Heaven Trading Comfortable Activewear is a small e-commerce business with a clear brand identity, but its financial health is a cause for concern.

Registered in England/Wales under the registration number 12507335, with a registered address at M4 4FY, United Kingdom, Manchester, 19 Cheetham Hill Road.

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