Peace & Blessings Limited

Peace & Blessings Limited is a small, active company based in Leicester, UK, founded eight years ago in 2016. It employs just one person and holds £5,663 in assets. The company is run by a single director and owner, Haq Zakera Kali, and operates from a real address. It’s an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with two months of import activity recorded as of February 2024.

The company’s website, Peace Blessings, specializes in greeting cards, journals, and stationery, catering to a diverse range of cultural and religious celebrations including Islamic, Jewish, Hindu, Chinese, and secular occasions. It offers a wide selection of products, from Eid cards to Diwali gifts, and even has a section for bespoke and personalized items. The website highlights a commitment to responsible sourcing and traditional craftsmanship, combining it with modern production techniques.

Financially, Peace & Blessings Limited presents a mixed picture. Current assets have dropped significantly, falling 45% to £5,700, while net assets have also declined, plummeting 27% to -£29,000. Bank borrowings have decreased by 34%, reaching £4,000, and cash reserves have fallen 78% to just £220. Creditors have increased by 13%, suggesting a need to manage debt. The company meets two of three criteria to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and operates without an auditor, relying on unaudited accounts.

The company's significant losses and dwindling cash reserves suggest it’s burning through money, a common challenge for startups. While the website appears well-designed and offers a unique product range, the financial data indicates a need for careful management and potentially new revenue streams to ensure long-term sustainability.

Registered in England/Wales under the registration number 10493179, with a registered address at LE1 1TG, England, Leicester, Phoenix Square Workspace 10, 4 Midland Street.

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