Official Products Ltd

Official Products Ltd is a small, active company based in Huddersfield, UK, founded two years ago in July 2022. It’s a solo founder operation with one director and one employee, holding just £7,216 in assets. The company operates in the retail sale via mail order houses or via internet industries, a sector that’s always evolving.

The company’s website is currently unavailable, making it difficult to gauge its online presence and specific product offerings. Without a live site, it’s impossible to determine if it’s a full-fledged e-commerce operation or primarily relies on other channels for sales. It's likely they are using platforms like eBay or Amazon.

Financially, Official Products Ltd presents a mixed picture. While the company's net assets are a modest £77, its liabilities are significant, resulting in a net current liabilities of -£160. Cash on hand is a mere £4, a very low number. Trade debtors are £390, and creditors are £7,400, suggesting they are managing their debts, but with little room for error. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the negative equity and low cash reserves are concerning. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

The company’s director, Naeem Mohammed Shuayb, seems to be carrying the entire operation on his shoulders. While this can foster agility and direct control, it also presents challenges in terms of workload and scalability. It’s possible that the company is experiencing a period of investment or expansion, which could explain the negative equity. However, without further information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 14237342, with a registered address at HD1 3SR, United Kingdom, Huddersfield, West Yorkshire, 20 Kingsley Avenue.

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