World Of Shawls Ltd

World Of Shawls Ltd, based in Ilford, UK, is a small, active company founded 10 years ago. With just two employees and £254,596 in assets, it operates as a regular importer of headgear and accessories, having imported for eight months with the latest operation in December 2024. The company, owned by Patel Hafiz Ismail and Raja Bushra, is managed by Patel Hafiz Ismail, and runs an e-commerce site selling a wide range of scarves, hijabs, shawls, and sarongs.

The website, World of Shawls, showcases a diverse collection, from plain scarves to animal print designs, and even UK flag prints. It highlights its products as perfect for weddings, parties, and special occasions, offering various styles like Pashmina feel wraps, sarongs, and silk squares. The site also features a "Quick Links" section with terms of service, privacy policy, and refund policy, and accepts various payment methods including American Express and PayPal.

Financially, World Of Shawls Ltd shows some concerning trends. Cash bank on hand has plummeted 72% to £31,000, while bank borrowings have increased dramatically by 190% to £8,000. Creditors have doubled to £180,000, and trade debtors have surged by 150% to £200,000. Despite these challenges, net assets have decreased by 36% to £81,000. The company’s small size (meeting two of three conditions for being small) helps it remain flexible, but the significant increase in debt and decrease in cash reserves suggests it’s burning through money. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data.

Overall, World Of Shawls Ltd is a small e-commerce business facing financial pressures. While its website shows a diverse product range and a focus on customer service, the company needs to address its rising debt and declining cash reserves to ensure its long-term sustainability.

Registered in England/Wales under the registration number 09204568, with a registered address at BD7 1LW, England, Bradford, 2 Fieldhead Street, Fieldhead Business Centre.

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