Shamian Limited

Shamian Ltd from Exeter UK is a small, active company founded eight years ago. It employs just two people and holds £310,443 in assets, operating from a virtual address – a detail flagged by the registration of 322 other companies at the same location. The business is family-owned and managed by two directors, with two owners listed, though it’s noted that this list may not be exhaustive. Shamian Ltd functions as an irregular importer, primarily dealing in various textile products, sets, used clothing, and rags, with its last import activity recorded one month ago. The company operates in the retail sale via mail order houses or via internet industries.

While the business appears to be a modest operation, its website reveals a focus on online retail. It’s unclear if the site is fully e-commerce, but it does suggest a digital presence.

Financially, Shamian Ltd shows some concerning trends. While cash reserves increased by a substantial 120% to £300,000, creditors also rose significantly by 39% to £170,000. Equity has seen a dramatic increase, jumping 590% to £140,000, which is good news. Trade debtors have also increased by 230% to £3,100. The company’s small size—meeting two of three criteria for a small business—allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's irregular import activity, combined with the rising creditors, indicates that Shamian Ltd may be burning through cash faster than it’s bringing it in. However, the substantial increase in equity suggests a recent injection of funds, perhaps from the owners.

Registered in England/Wales under the registration number 10164792, with a registered address at EX2 5WS, United Kingdom, Exeter, Devon, The Summit Woodwater Park, Pynes Hill.

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