Rafik International Ltd

Rafik International Ltd is a small, active company based in Peterborough, UK, founded four years ago in March 2021. It’s a solo-founded operation with one director and owner, Salih Rafik Karim. The company holds just £598 in assets and operates from a real address shared by two other businesses. Rafik International Ltd primarily imports glass and glassware, with 17 months of import activity recorded, the last in February 2025.

The company’s website showcases a range of apparel and drinkware, including t-shirts, hoodies, mugs, and more, all available for online purchase. It seems to be an e-commerce business, offering customizable apparel with various designs and prints. The website also highlights features like unisex options, different color selections, and even offers a “gaming t-shirt” category. It’s a modern online store, complete with a cart, search function, and clear product listings.

Financially, Rafik International Ltd presents a concerning picture. Current assets have plummeted by a staggering 90%, dropping to just £600, while net assets have fallen by 180% to £600. Bank borrowings have increased, and cash reserves are down. Creditors have also increased, suggesting a reliance on external financing. The company’s small size (meeting two of three criteria for a small company) might allow for agility, but the sharp decline in equity and the negative net current assets raise serious questions about its financial health. It’s worth noting that the company is exempt from an audit, so the financial information is unaudited.

The significant drop in assets and the increase in liabilities suggest Rafik International Ltd is burning through cash. While the e-commerce side appears active, the financials indicate a business struggling to stay afloat. Whether the company can turn things around remains to be seen, but it’s facing a challenging period.

Registered in England/Wales under the registration number 13248998, with a registered address at PE1 4DL, England, Peterborough, 18 Vergette Street.

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