FAZIL & COMPANY LTD
Company number 03619097 · Monitor this company
Executive summary
Fazil & Company Ltd is a 25-year-old clothing wholesaler in a precarious financial position, having lost 82% of its equity over the past decade despite recent signs of stabilization through new long-term debt financing and a return to modest profitability. The company's strategic viability hinges on converting its dominant debtor book (£357k, representing 98% of current assets) into cash, addressing the 6.8x debt-to-equity ratio, and reversing the persistent equity erosion that threatens solvency within 2-3 years if unchecked.
Shareholders' funds
£254
Balance sheet as at 2025-08-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1998-08-20
- Employees
- 10 (2025 accounts · was 9 in 2024)
- Registered office
- 44 Worship Street, Broadgate, London, EC2A 2EA
- Postcode
- EC2A 2EA
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2025-08-31
- Next due by
- 2027-05-31
- Financial year end
- 31 August
Confirmation statement
- Last statement dated
- 2025-08-31
- Next due by
- 2026-09-14
Nature of business (SIC)
- 46420 Wholesale of clothing and footwear
Officers 1 current · 4 resigned
Previous company names
| Name | Date changed |
|---|---|
| BLUE DESIGN LIMITED | 1999-05-28 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 19 CAVELL STREET, LONDON, E1 2BP | 2014-01-21 |
| 1 BEAUMONT CLOSE, ROMFORD, ESSEX RM12 6LJ | 2002-09-19 |
| 88 KINGSWAY, HOLBORN, LONDON, WC2B 6AW | 1998-09-07 |
Among its peers
Among the biggest employers
of 107 similar companies in EC, with 10 staff. Among the oldest 25% of its local peers.
Competitors London
-
1. VEJA UK LTD
This company ranks 97 among wholesale of clothing and footwear in London.
The class of 1998
43%
of the 55,900 companies incorporated in 1998 are still active today; 54% have since been dissolved.
A fact about the year, not a forecast for this company.