Islamic Party Store Ltd

Islamic Party Store Ltd, based in Manchester, UK, is a small, active company founded three years ago. It’s a relatively new venture, boasting a perfect 5.0 Google rating from nine reviews and operating an e-commerce site. The company holds £490 in assets and has two directors, with Butt Raima Saad listed as both the owner and a director. It’s a real address, registered at 21 Greenacre Lane, Worsley, and only one other company is registered there.

The company specializes in retail sales via mail order and the internet, offering a wide range of items for Islamic celebrations and events. The website showcases an extensive catalog, divided into categories like Eid, Ramadan, Hajj & Umrah, Graduation, Wedding, and Baby—with subcategories for decorations, gifts, and tableware. It's a big range of products, really. There’s a clear focus on festive occasions and religious practices, with items like balloons, banners, cake toppers, and money envelopes. The website also has a blog and contact details, and a payment methods section.

Financially, Islamic Party Store Ltd’s recent performance raises some concerns. Current assets have fallen significantly, dropping 70% to just £490. Net assets have plummeted 360%, resulting in a negative balance of -£3200. Cash bank on hand has also decreased by 75%, falling to just £390. Loans from directors have increased dramatically, rising 630% to £3700. Creditors have also increased significantly, rising 660% to £3800. While the company’s small size (meeting two of three criteria for a small company) allows for agility, the sharp decline in equity and cash reserves suggests it’s burning through money. It's a bit worrying. The accounts are unaudited and filed as "filleted accounts," meaning they’re simplified and don’t require a full audit.

Registered in England/Wales under the registration number 13401736, with a registered address at IP28 7DE, England, Bury St. Edmunds, 82a James Carter Road, Mildenhall.

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