Naila Ltd

Naila Ltd from Gants Hill UK: a small, active company founded nine years ago, is currently facing some financial challenges. The company, which employs six people and holds assets of £42,508, is a regular importer of furniture, lighting, and prefabricated buildings—most recently in July 2022. It operates from a real address and is led by one director and owner, Haque Badrul. While the company is registered as active, it's overdue on both its accounts and confirmation statements for a year.

The company's website, nailamughal.com, paints a picture of a vibrant entertainment agency specializing in Bollywood film production, event organizing, and casting. Naila Mughal, the founder, has extensive experience in the Bollywood industry, building strong relationships with producers, directors, and actors. The website highlights services like film production, event planning, wedding coordination, and talent casting, even boasting an exclusive agency partnership with Cineyug. Testimonials from well-known Indian actors like Dino Morea and Arjun Rampal praise Naila's professionalism and management skills. The website also mentions a division focused on piano restoration and sales, operating under the name 1066 Pianos.

Financially, Naila Ltd’s situation appears precarious. Current assets have plummeted by a staggering 52%, dropping to just £43,000. Bank borrowings have also decreased, falling 15% to £42,000, and cash reserves have evaporated, shrinking 91% to a mere £7,700. Creditors, however, have increased significantly, rising 12% to £38,000. Trade debtors have also jumped dramatically, increasing 1500% to £32,000. The company's small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity and cash reserves suggests a company burning through money. With no auditor mentioned, the unaudited figures rely on director-reported data. It's likely that the company is struggling to maintain its operations, despite its impressive network and reputation within the Bollywood entertainment industry.

Registered in England/Wales under the registration number 10103809, with a registered address at IG2 6NB, England, Gants Hill, London, 50 Parham Drive.

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