Shams (u.k.) Ltd.

Shams (U.K.) Ltd from Kidderminster, UK, is a small, active company founded 34 years ago in 1990. With three employees and £20,519 in assets, it operates as a regular importer, specializing in natural fibers, paper yarn, and fabrics made from paper yarn – a trade it’s been engaging in for 23 months, with the last import operation occurring in May 2021. The company also runs an e-commerce site and has three directors and one owner, Azim Muhammad Anwar Ul.

The business focuses on the preparation and spinning of textile fibres, and it’s a regular importer of various natural fibers. Its website, Jute Products Ltd, showcases a wide range of jute products, from yarn and flood defense materials to horticulture supplies and even high-quality insulation made with spent mushroom substrate. The site emphasizes sustainability, cost-effectiveness, and flexible procurement options, catering to businesses seeking eco-friendly textiles. It even has a showroom in Harrods, London.

Financially, Shams (U.K.) Ltd presents a mixed picture. Current assets have increased significantly by 160% to £21,000, while net assets have decreased by 6.3% to £620,000. Bank borrowings have increased by 510% to £16,000, and cash reserves have increased by 510% to £16,000. Creditors have increased dramatically by 130% to £95,000. Trade debtors have decreased by 10% to £4,800. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors suggests a need to manage debt carefully. As a small company, it’s exempt from an audit, so the financial data relies on unaudited director reports. It's a little confusing to see such a big increase in creditors alongside the increase in cash reserves, and it would be good to see what's driving this.

Registered in England/Wales under the registration number 02561275, with a registered address at DY11 7BG, England, Kidderminster, 402-403 Stourport Road.

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