Asif Khan Limited

Asif Khan Limited, based in Sherborne, UK, is a small, active company founded 16 years ago. With 14 employees and £692,725 in assets, it operates from a virtual address, managed by three directors and a solo founder. The company boasts a solid 4.0 Google rating from 18 reviews and is an irregular importer of glass and glassware, with the last import operation made two months ago.

The company’s website showcases a portfolio of architectural projects, ranging from the Serpentine Summer House in 2016 to the Expo 2020 Observation Tower in 2021. It doesn's appear to be an e-commerce site; instead, it functions as an online portfolio, showcasing the company’s design work and attracting potential clients. The projects demonstrate a focus on public spaces, pavilions, and cultural institutions, suggesting a design practice specializing in large-scale, high-profile installations.

Financially, Asif Khan Limited shows a mixed picture. Current assets have decreased by 14% to £690,000, while net assets have fallen 11% to £450,000. Cash reserves have taken a significant hit, dropping 30% to £97,000. Trade debtors have seen a dramatic decrease, falling by 59%, which could indicate improved collections or a shift in payment terms. However, bank borrowings have surged by 2,400%, reaching £29,000, and other debt has increased by 1300%, suggesting the company may be relying on external financing. 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 increased borrowing and decrease in cash raise questions about its financial stability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Despite these concerns, the company’s impressive portfolio and strong Google rating suggest a thriving design practice. The increased borrowing may be a strategic move to fund new projects, but it’s a trend worth monitoring closely.

Registered in England/Wales under the registration number 06657598, with a registered address at DT9 4LG, United Kingdom, Sherborne, Dorset, Units 2 & 3 West Down Farm, Corton Denham.

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