Pinkfairy Limited

Pinkfairy Limited, based in Manchester, UK, is a small, active company founded seven years ago in 2018. With two employees and £106,530 in assets, it operates from a real address and is overseen by one director and owner, Adnan Faiza. The company’s business focuses on retail sales via mail order houses or via the internet.

The company’s website, while minimal, highlights a focus on online retail. There’s no clear indication of an e-commerce platform, but the description suggests a mail-order operation, likely with products sold directly to consumers through a website or catalog. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Pinkfairy Limited’s numbers present a mixed picture. Current assets have decreased by 17% to £110,000, while net assets have increased by 39% to £42,000. Bank borrowings have decreased by 17%, and cash on hand has increased by 16%. Creditors have seen a significant drop of 61%, which is a positive sign. Trade debtors, however, have surged by 120%, which could indicate difficulties collecting payments or a shift in credit policies. The company’s equity has also increased by 39%, which is good news. With no auditor mentioned, the accounts are unaudited.

It seems Pinkfairy Limited is navigating some challenges, with rising debtors potentially impacting cash flow. However, the decrease in creditors and increase in equity suggest some improvements in financial management. It’s a small operation, and the fluctuating numbers are not unusual for a company still establishing itself.

Registered in England/Wales under the registration number 11311982, with a registered address at M18 7QA, England, Manchester, 39 Melland Road.

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