TARIQ ASHKANANI LTD
Executive Summary
Tariq Ashkanani Ltd is a newly established micro-entity operating in the artistic creation sector, exhibiting typical start-up financial patterns with modest assets and a working capital deficit. Positioned as a niche player, the company benefits from low overheads but must manage liquidity carefully amid competitive and project-driven market dynamics. Its future performance will hinge on effectively leveraging creative capabilities and navigating sector trends such as digital engagement and client diversification.
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This analysis is opinion only and should not be interpreted as financial advice.
TARIQ ASHKANANI LTD - Analysis Report
Industry Classification
Tariq Ashkanani Ltd operates under SIC code 90030, classified as "Artistic creation." This sector broadly covers companies engaged in creative arts activities such as visual arts, crafts, design, and other creative production. The industry is typically characterised by micro and small enterprises, often project-based, with limited fixed assets but significant reliance on creative talent and intellectual property. Financial metrics in this sector often reflect modest asset bases and fluctuating working capital due to the project or commission-based nature of revenues.Relative Performance
As a micro-entity incorporated recently in September 2023, Tariq Ashkanani Ltd presents typical financial characteristics for a start-up in the artistic creation sector. Its fixed assets stand at £26,543, which is relatively modest but reasonable for a creative business that may hold equipment or intellectual property. Current assets are low (£2,005) and current liabilities exceed current assets by £2,070, indicating net current liabilities. However, total net assets of £23,814 are positive and reflect initial equity investment or retained earnings. The absence of employees (average nil) aligns with many micro-entities in the creative sector, which often rely on freelancers or the principal director’s own labour. Compared to industry norms, the company’s financial position is stable for its age and size, though the working capital deficit suggests careful cash flow management will be essential.Sector Trends Impact
The artistic creation sector is influenced heavily by trends such as digital transformation, increasing demand for unique and bespoke creative outputs, and the growing importance of online platforms for marketing and sales. Post-pandemic recovery has seen increased opportunities in digital arts and virtual exhibitions, which can benefit small creative enterprises with low overheads. However, competition is intense, and client budgets can be constrained, especially for new entrants. Access to funding and grants, alongside networking in creative hubs like Edinburgh, can be critical for growth. Additionally, the sector often faces challenges with irregular cash flows and dependency on project pipelines.Competitive Positioning
Tariq Ashkanani Ltd appears to be a niche player or start-up in the artistic creation sector, with a private limited company structure and a single director controlling the business. The company’s strengths include a clean balance sheet with positive equity and no debt beyond current liabilities. The minimal asset base and absence of employees indicate low fixed costs, which is advantageous in managing risk in a volatile market. However, the net current liabilities highlight a potential liquidity risk requiring prudent cash management. Compared to more established competitors, Tariq Ashkanani Ltd is in an early developmental phase, lacking scale but with potential flexibility. Success will depend on building a client base, leveraging creative skills, and possibly securing strategic partnerships or funding to support growth.
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