Maryam Fashion Ltd

Maryam Fashion Ltd, based in Blackburn, UK, is a small, active company founded seven years ago in 2017. It’s a solo-founded operation with one director and one owner, employing just one person and holding £20,528 in assets. The company operates an e-commerce site and regularly imports clothing and accessories made by knitting or crocheting, with six months of import activity recorded, the last in December 2024. It’s registered at a real address, with only one other company registered there.

The company’s website, Mariam Clothing, positions itself as an “ultimate clothing partner” offering stylish clothing for men, women, kids, and newborns. It partners with leading factories in the textile industry, sourcing, producing, and selling woven and knit products, including fabric design. The website highlights owner Mahabubur Rahman’s 20 years of experience in the RMG industry, emphasizing quality, affordability, and style. It works with two factories, Azmat Group and Imaan Knitwear Ltd, both boasting impressive production capacities and certifications. The website also includes a section dedicated to certifications, highlighting compliance with standards like BSCI, Oeko-tex, and GOTS.

Financially, Maryam Fashion Ltd shows some concerning trends. Net assets have plummeted 92%, falling to just £490. Cash reserves have also dropped significantly, falling 28% to £4,300. Bank borrowings have decreased by 26%, reaching £14,000, and creditors have also decreased by 26%, reaching £14,000. Current assets have fallen by 28%, reaching £21,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Maryam Fashion Ltd is facing financial pressures. While the website projects a professional image and highlights partnerships with established factories, the financials suggest the company is burning through money. Whether the business can sustain itself long-term remains to be seen.

Registered in England/Wales under the registration number 11014357, with a registered address at BB1 6DX, England, Blackburn, 9a Whalley Range.

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