Khan E-commerce Limited

Khan E-commerce Limited is a small, active company based in Leicester, UK, founded eight years ago in 2016. With two employees and £95,535 in assets, it operates from a real address and is overseen by two directors and one owner. The company specializes in retail sales via mail order and the internet.

The business focuses on e-commerce, operating in the retail sale via mail order houses or via internet industries. Its website is simple, but functional, showcasing a range of products available for online purchase. While no specific brand or product line is prominently featured, the site suggests a general merchandise offering. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be nimble, but it also means it’s competing in a crowded online marketplace.

Financially, Khan E-commerce Limited presents a mixed picture. Cash bank on hand has declined by 20% to £79,000, and current assets have fallen by 11% to £96,000. Equity has also decreased by 34% to £8,200, indicating a reduction in retained earnings. However, finished goods for resale have increased by a significant 87% to £16,000, suggesting improved inventory management or increased demand. Creditors have also decreased by 9%, which is a positive sign. The company's accounts are described as "filleted" and unaudited, which is common for small businesses. There's no mention of an auditor.

The decrease in cash and equity, alongside the increase in finished goods, could indicate that the company is investing in its inventory to meet anticipated demand, or perhaps that sales are growing but not yet translating into profits. It's also possible that the company is managing its debts effectively, as creditors have decreased. The company's small size and active status suggest it’s a going concern, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 10409004, with a registered address at LE7 9FT, England, Leicester, 10 Mitchell Grove, Scraptoft.

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