Benchmark Traders Limited

Benchmark Traders Limited is a small, active company based in Hillingdon, UK, founded five years ago in 2019. The company, with just one director and owner (solo founder), holds a modest £1,723 in assets and operates from a virtual address where 113 other companies are also registered. Its primary focus is retail sale via mail order houses or via internet.

The company's website is minimal, reflecting its small scale. It appears to be an e-commerce operation, selling a range of products online, though specific details are not readily available. It's likely a straightforward online retail venture, focusing on direct-to-consumer sales.

Financially, Benchmark Traders Limited presents a mixed picture. While current assets remain steady at £1,700, equity has significantly declined, dropping from -£140 to -£84. Bank borrowings have increased substantially, rising by 79% to £2,000. Creditors have also decreased slightly, falling by 2.1% to £2,800. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from a full audit. The lack of employees (zero reported) suggests a lean operation, possibly run by the owner. The accounts are unaudited, relying on director-reported data.

The company’s financial performance suggests it's facing some challenges. The decrease in equity and increase in borrowings could indicate that it’s burning through cash, although the decrease in creditors suggests some improvements in debt management. It’s difficult to say for sure without more detailed information, but the company’s future success will likely depend on its ability to generate sales and manage its finances effectively.

Registered in England/Wales under the registration number 12077299, with a registered address at UB10 0NX, England, Hillingdon, Middlesex, 1 Agincourt Villas, Uxbridge Road.

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