Naree Ni Ltd

Naree Ni Ltd is a small, active company based in Ballymena, Northern Ireland, founded eight years ago in 2016. The company, run by a solo founder and single director, Khanna Namita, holds £14,781 in assets and operates from a virtual address shared by eleven other companies. It runs an e-commerce site, Naree Clothing, selling "timeless fashion" and "conscious soul responsible women’s" clothing, including kaftans, dresses, and pyjamas. The company is an irregular importer, having imported various textile products, sets, used clothing, and rags for one month back in 2021.

Naree Clothing’s website showcases a curated collection of women's wear, emphasizing ethical sourcing and effortless style. The site highlights the “Pasha Collection” and “Slow Sundays” lines, and features blog content promoting the brand’s values. It’s clear the business is focused on building a brand identity around quality and responsible fashion.

Financially, Naree Ni Ltd presents a mixed picture. Current assets have fallen by 15% to £15,000, and net assets remain negative at -£4,100. Bank borrowings are stable at £3,500, but cash reserves have decreased by 1.6% to £1,500. Creditors have also fallen by 12% to £19,000. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and zero employees reported. The lack of an auditor is not surprising given its size.

Overall, Naree Ni Ltd appears to be navigating early-stage challenges. While the e-commerce site demonstrates a clear brand identity and customer focus, the negative equity and declining cash reserves suggest the business is burning through money. Whether the company can achieve sustainable growth remains to be seen, but its focus on ethical fashion and a curated product selection could prove to be a winning formula.

Registered in Northern Ireland under the registration number NI641927, with a registered address at BT43 6BL, United Kingdom, Ballymena, Co. Antrim, 15 Duke Street.

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