Apex Traders Limited

Apex Traders Limited, based in Ilford, UK, is a small, active company founded six years ago in January 19, 2019. With two employees and £13,033 in assets, it’s a solo-founded operation managed by a single director and owner, Muhammad Shabbir. The company operates in a diverse range of industries, including retail sale via mail order houses or via internet, unlicensed restaurants and cafes, take-away food shops, and mobile food stands. It has a real registered address, with only two other companies registered at the same location.

The company’s website is currently unavailable, making it difficult to assess its e-commerce presence or specific product offerings. It’s unclear if they have an active online store or primarily rely on other channels for sales.

Financially, Apex Traders Limited is showing some concerning trends. While the company is small, meeting two of three criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its financial health is questionable. Cash bank on hand remained steady at £7,500, however, creditors increased slightly to £20,000. Net assets are a mere £2,900, with a significant portion tied up in retained earnings. Although trade debtors are stable, the lack of substantial growth in assets and the relatively low net assets suggest a company that isn’s necessarily burning through money, but also not experiencing robust expansion. The accounts are unaudited, which is typical for small companies.

The company's reliance on a single owner and director, coupled with the overdue accounts (three years) and confirmation statement (one year), could indicate management challenges or a lack of resources for administrative tasks. The absence of an auditor further limits transparency.

Registered in England/Wales under the registration number 11754500, with a registered address at IG1 4NH, England, Ilford, Wellesley House 1st Floor, 98-102 Cranbrook Road.

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