Bison Trading Ltd
- Small
- Active
- 4 years
- £85,314 (assets)
- Virtual address
- 1 director
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Bison Trading Ltd from London UK: a small, active company founded three years ago, holds £85,314 in assets, and operates an e-commerce site. It’s a solo operation with one director and owner, registered at a virtual address shared by a surprising number of other companies – over 28,000, in fact. The company’s core business involves retail sale via mail order houses or via internet, and it’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.
The company’s website, Bison Trading, showcases a range of products sold online. While the specific inventory isn’s detailed, the site’s design suggests a focus on general merchandise, catering to a broad consumer base. The site is well-designed and easy to navigate, which is a good sign for an e-commerce business.
Financially, Bison Trading Ltd is showing some concerning trends. Current assets are at £85,000, but net assets have fallen to -£41,000. Bank cash is only £83, while creditors have risen to £130,000. Trade debtors are also at £85,000. The company’s accounts are classified as "filleted" and "unaudited," meaning they are simplified and haven’t undergone external verification. It’s worth noting that the company is exempt from an audit due to its small size. This is a bit worrying, to be honest. The accounts also state that there were no material departures from FRS 102 Section 1A, which is good, but the negative equity is a red flag. The last reported number of employees was zero, which suggests a very lean operation. It's a bit strange that there's no description of the principal activities, either.
Registered in England/Wales under the registration number 13343635, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Rashed Farwah
- 4 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Rashed Farwah
- 4 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2024-04-30Download 6 pages pdf report
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Confirmation statement made on 2024-04-18 with no updatesDownload 3 pages pdf report
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Accounts for a dormant company made up to 2023-04-30Download 2 pages pdf report
FAQ about Bison Trading Ltd
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