Swabi Ltd

Swabi Ltd is a small, active company based in Horsham, UK, founded four years ago in July 2020. It’s a solo-founded operation with one director and owner, Waseem Bushra. The company operates in the retail sale via mail order houses or via internet, and the other retail sale not in stores, stalls or markets industries. It's registered at a real address, with only one other company registered there, suggesting a genuine location.

The company's website, Hamariweb, is a large Pakistani web portal offering news, business information, mobile phone listings, cricket scores, videos, autos, health resources, and Islamic content. It's a sprawling platform with a diverse range of sections, including news profiles, property listings, recipes, poetry, and results. The site also features a directory of Muslim names, prayer times, and Quranic recitations. It's clearly a content-rich site catering to a large audience. It seems like Swabi Ltd is using this platform to sell goods.

Financially, Swabi Ltd is showing some concerning trends. While it’s classified as a small company (meeting two of three conditions), its equity sits at a negative -£11,000, and cash reserves are a meager £370. Creditors are at £11,000, and net assets are also negative -£11,000. The company hasn's had any employees during the period. The lack of positive equity and low cash reserves suggest the company is burning through money, although it’s likely that this is due to the fact that it is a small company and the accounts are unaudited. There’s no auditor mentioned, which is common for small companies. The accounts are "filleted," meaning they are simplified.

Registered in England/Wales under the registration number 12721148, with a registered address at RH13 5JX, England, Horsham, 1 Bennetts Road.

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