Shahjee Limited

Shahjee Limited, based in Ramsgate, UK, is a small, active company founded thirteen years ago in 2011. It holds £1,455 in assets and generates £240,880 in yearly revenue, employing no staff. With a real address and managed by a single director and owner, Shah Bilal, the company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 17 months of import activity and 179 months of export activity.

The company’s website, Shahjee Group, showcases a wide range of pashmina shawls, stoles, and sarees, emphasizing handcrafted luxury and timeless design. It appears to be a fully functional e-commerce site, offering various styles, colors, and price points. The site also highlights a commitment to quality, with descriptions of materials, craftsmanship, and a focus on the heritage of Kashmiri weaving. It's a nice business!

Financially, Shahjee Limited presents a mixed picture. While turnover increased by 21% to £240,880, cash bank on hand decreased significantly by 86% to just £1,500. Administrative expenses have surged by 460%, reaching £8,800, and net losses deepened to -£2,000. Creditors, however, fell by 87%, which is a positive sign. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the drop in equity and cash reserves suggests it’s burning through money. The lack of an auditor—likely due to its small size—means the figures are unaudited.

It seems Shahjee Limited is navigating a challenging period. The e-commerce business appears to be thriving, but the financials reveal a need to manage expenses and build up reserves.

Registered in England/Wales under the registration number 07828636, with a registered address at CT12 6JD, England, Ramsgate, 46 46 St. Johns Avenue.

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