Jasmeen Limited

Jasmeen Limited is a small, active company based in London, UK, founded eight years ago in 2017. With £55,679 in assets and a real registered address, it employs just one person and is overseen by a single director and owner. The company is an irregular importer, primarily dealing in various textile products, sets, used clothing, and rags, with just one month of import activity recorded as of August 2020.

The company operates in the other retail sale of food in specialised stores industries. Its website showcases a wide range of electronics, including televisions, refrigerators, sound systems, and washing machines, all available for purchase online. The site utilizes a WooCommerce WP theme, emphasizing quick payment options, secure transactions, and customer support. It appears to be a fully functional e-commerce platform, offering sales and deals on various brands, especially LG.

Financially, Jasmeen Limited presents a mixed picture. Current assets have decreased by 18% to £56,000, while net assets have fallen 5.5% to -£5,100. Bank borrowings have decreased by 29%, reaching £23,000, and cash reserves have fallen 41% to £17,000. Creditors have also decreased by 19%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the negative equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the e-commerce site appears active, the financials suggest the company is burning through money. Whether it can sustain its operations long term remains to be seen.

Registered in England/Wales under the registration number 10676643, with a registered address at W3 9BY, England, London, 231 High Street.

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