Tarameen Limited

Tarameen Ltd from Manchester UK: a small, active company with a remarkable 79-year history, founded in 1945. It employs six people and holds £58,300 in assets, operating from a real address in Didsbury. With four directors and one owner, the company is an irregular importer of clothing and accessories – not knitted or crocheted – with just two months of import activity recorded as of December 2020.

The company's website is not available, so it’s difficult to determine if they operate an e-commerce site. However, their business description indicates wholesale of textiles and packaging activities, suggesting a B2B focus rather than direct consumer sales.

Financially, Tarameen Ltd presents a mixed picture. Current assets have significantly decreased by 84%, dropping to £58,000. Bank borrowings have also declined by 31%, reaching £22,000, and cash reserves have fallen 44% to £14,000. Creditors have seen a dramatic decrease of 56%, which could be a positive sign of improved debt management. However, the sharp decline in current assets is concerning. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is common for small, exempt companies.

The company’s irregular import activity, coupled with the financial downturn, suggests it may be facing challenges in maintaining consistent revenue streams. The decrease in current assets could be due to a variety of factors, such as delayed payments from customers or increased costs of goods. It's possible the company is navigating a period of adjustment or facing increased competition in the clothing and accessories wholesale market.

Registered in England/Wales under the registration number 00396776, with a registered address at M20 6DN, England, Manchester, 1 Ogden Street, Didsbury.

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