Zain Enterprise Limited
- Small
- Active
- 7 years
- 6 employees
- £691,696 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
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
Phones
Summary
Zain Enterprise Limited, based in Manchester, UK, is a small, active company founded seven years ago in 2017. Employing six people and holding £691,696 in assets, it operates from a real address and is led by a single director and owner, who also serves as the solo founder. The company regularly imports various textile products, sets, used clothing, and rags, with three months of import activity recorded as of December 2024.
Zain Enterprise Limited’s operations encompass a diverse range of activities, including wholesale of textiles, retail sales via mail order and internet, sale of used cars and light motor vehicles, and other service activities. While no dedicated website is available, the company’s business profile suggests a focus on sourcing and distributing goods, likely targeting smaller retailers or online marketplaces.
Financially, Zain Enterprise Limited presents a mixed picture. Current assets have decreased by 10% to £690,000, while net assets have increased by 63% to £62,000. Bank borrowings have decreased by 29% to £24,000, and cash reserves have increased by a significant 68% to £260,000. Trade debtors have increased dramatically by 190% to £190,000, which could be a sign of growth or potentially delayed payments. Creditors have decreased by 5.4% to £220,000. 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 flexibility, but the increase in debtors warrants monitoring. As a small company, it is exempt from an audit, and the figures are unaudited.
Overall, Zain Enterprise Limited appears to be navigating a period of change. The increase in cash reserves and decrease in liabilities are positive signs, but the surge in debtors suggests a need to manage customer payments more effectively.
Registered in England/Wales under the registration number 10802302, with a registered address at M8 8RA, England, Manchester, Unit 6 78 North Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Iqbal Muhammad
- 7 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Iqbal Muhammad
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 7 pages pdf report
-
Confirmation statement made on 2024-10-07 with no updatesDownload 3 pages pdf report
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Director's details changed for Mr Muhammad Iqbal on 2024-08-15Download 2 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Zain Enterprise Limited
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