Pyrhan Ltd

Pyrhan Ltd from Huddersfield UK: a small, active company founded eight years ago, holds £22,021 in assets, and operates from a real address. It’s led by one director and owned by Jawed Khalid Hassan. The company is an irregular importer, primarily dealing in various textile products, sets, used clothing, and rags, with just one month of import activity recorded as of July 2023.

The company’s website, Pyrhan Ltd, is a vibrant online store specializing in fabric types, including poly cotton, pure cotton, and heavy fabrics. It offers a wide range of designs – floral, animal, cartoon, and abstract – and caters to various needs, from bedding to home décor. The site features a user-friendly interface, secure checkout, and a focus on fast shipping and exclusive discounts. It’s clear the company is aiming for a direct-to-consumer model, leveraging online marketing and social media to reach a broad audience.

Financially, Pyrhan Ltd presents a mixed picture. Current assets have decreased slightly, falling by 8.4% to £22,000. Equity has also dipped slightly, remaining at -£28,000. Cash bank on hand has seen a significant drop, falling 50% to just £2,000. Creditors have also decreased by 3.6% to £52,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in cash reserves is a concern. No auditor is mentioned, so the accounts are unaudited.

The company’s irregular import activity and reliance on a single owner suggest a lean operation, possibly facing challenges in managing cash flow. The website’s focus on online sales and attractive product range indicates a commitment to growth, but the financial data suggests the company is burning through money, and the future is uncertain.

Registered in England/Wales under the registration number 10484729, with a registered address at HD1 4TR, United Kingdom, Huddersfield, West Yorkshire, 13 First Floor Church Street, Paddock.

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