Beiruttrades Limited

Beiruttrades Limited is a small, active company based in Edinburgh, UK, founded five years ago in 2019. With £46,487 in assets and a real registered address (though 29 other companies share it, suggesting a virtual address), it employs 28 people and is led by a single director and owner, Saadi Ahmed. The company operates in the licensed restaurants industries and is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings – just two months of import activity were recorded as of April 2023.

The company’s website, Beirut Traders Association (BTA), is not an e-commerce site but rather a hub for information and resources related to the Lebanese business community. It features news, media reviews, research, events, and business opportunities, targeting both local and international stakeholders. The BTA also tracks economic indicators like the BTA BankMed Investment Index and publishes reports on various sectors, demonstrating a focus on research and advocacy. It's clear the BTA is a networking and information platform, not a direct sales channel.

Financially, Beiruttrades Limited shows a mixed picture. Current assets decreased by 15% to £46,000, while net assets fell 19% to £98,000. Cash bank on hand experienced a significant drop of 58%, settling at £12,000. Creditors decreased slightly, with both short-term and long-term obligations seeing reductions. The company’s small size (meeting two of three criteria for a small company) helps it remain nimble, but the decline in equity and cash reserves suggests it’s burning through money. The accounts are abridged and unaudited, and no auditor is mentioned, relying on director-reported data.

While the BTA website showcases a broader network and focus on the Lebanese economy, Beiruttrades Limited’s financials indicate a company facing financial pressure. Whether the restaurant operations and the BTA’s activities can sustain each other remains to be seen.

Registered in Scotland under the registration number SC645307, with a registered address at EH3 9QX, Scotland, Edinburgh, 3 Lochrin Place.

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