Safar Publications Ltd

Safar Publications Ltd, based in Barnet, UK, is a small, active company founded nine years ago in 2016. With seven employees and £273,972 in assets, it operates from a virtual address—a detail worth noting as thirty-nine companies share the same location. The company has two directors, but no owners reported, which is common for smaller businesses. It runs an e-commerce site and specializes in the retail sale of books in specialised stores, retail sale via mail order houses or via internet industries.

The company is a regular exporter of printed materials like books, newspapers, and pictures, with nineteen months of export activity recorded, the latest in October 2024. However, it's an irregular importer, having only imported these materials for one month back in October 2019. Its website, Safar Publications, showcases a wide range of Islamic educational resources, including textbooks, workbooks, and apps—catering to both teachers and parents. The site emphasizes a comprehensive syllabus and even offers teacher training materials.

Financially, Safar Publications Ltd shows some concerning trends. Cash reserves have increased significantly to £110,000, which is good, but net assets have plummeted to -£130,000. Bank borrowings have increased by 25%, reaching £29,000, and trade creditors have risen sharply by 150%, suggesting a reliance on credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the substantial equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It's possible the company is investing heavily in its online presence and educational resources, but the financial strain is evident.

Registered in England/Wales under the registration number 10077512, with a registered address at EN4 9HN, United Kingdom, Barnet, Herts, 1st Floor, Woodgate Studios 2-8 Games Road, Cockfosters.

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