Targ8 Arts Limited
- Small
- Active
- 17 years
- £120 (assets)
- Real address
- 2 directors
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Targ8 Arts Limited is a small, active company based in Slough, UK, established seventeen years ago in May 2007. The company holds just £120 in assets and operates from a real address at 497 Rochfords Gardens, Slough. It's managed by two directors and has one owner, Sheikh Murad Hussain. The business primarily operates online, selling a wide range of art, craft, and office supplies through its website, Targ8 Arts.
The website showcases a diverse product catalog, from artist brushes and canvases to stationery and batteries, targeting both individual hobbyists and commercial customers. It's a fully functional e-commerce platform with clear product descriptions, competitive pricing, and customer support information. The site also features an "Artists Gallery" for original artwork purchases, and a section dedicated to customer service and promotions.
Financially, Targ8 Arts Limited presents a mixed picture. Current assets have drastically decreased by 89%, dropping to just £120, while bank borrowings have surged by a staggering 110%, reaching £3,200. Creditors have also increased by 7.4%, now standing at £100,000. Equity has declined significantly, falling to -£100,000. Despite these challenges, trade debtors have increased by 570%, indicating a potential shift in payment terms or a larger volume of sales. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp decline in equity and the increased reliance on borrowing are concerning. No auditor is listed, which is typical for small companies exempt from an audit. The company’s financial statements are unaudited.
Registered in England/Wales under the registration number 06250500, with a registered address at SL2 5XF, England, Slough, 497 Rochfords Gardens.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Sheikh Murad Hussain
- 9 years
- 1
- psc
-
Resident of United Kingdom
Managers
-
Individual
- Sheikh Murad Hussain
- 9 years
-
Resident of United Kingdom
-
Individual
- Sheikh Aysha Murad
- 17 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twenty three days ago.
Last news
-
Confirmation statement made on 2025-04-01 with no updatesDownload 3 pages pdf report
-
Certificate of change of nameDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
FAQ about Targ8 Arts Limited
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