Burraq Traders Ltd
- Small
- Active
- 1 year
- £300,091 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
- 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
Social media
Summary
Burraq Traders Ltd, based in Manchester, UK, is a small, active company founded just one year ago. With £300,091 in assets and a real address, it operates as a solo-founded venture, managed by one director and owner. The business runs an e-commerce site offering a wide range of products, including baby items, beauty products, electronics, and more. It’s an irregular importer, primarily bringing in vehicles, parts, and accessories – just one month of imports recorded as of January 2025.
The website, salesburaqtraders.com, presents a diverse online marketplace. It’s clear they’re aiming to be a one-stop shop, with categories spanning everything from baby supplies to office products and pet supplies. They even offer free shipping on orders over $75, and a discount for first-time buyers. The site’s design is functional, though a little cluttered, and features a carousel showcasing various products.
Financially, Burraq Traders Ltd’s picture is a little mixed. While current assets remain steady at £300,000, equity is in the negative at -£700. Bank borrowings are minimal, and cash reserves are a modest £92. Creditors are consistent at £800. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. As a small company, it’s exempt from an audit, relying on unaudited financial statements.
The company’s irregular import activity and relatively small size suggest it’s still establishing itself. While the e-commerce site appears active, the negative equity raises questions about its long-term financial health. It's possible the business is reinvesting heavily in inventory or marketing, but careful management will be key to ensuring its sustainability.
Registered in England/Wales under the registration number 14917732, with a registered address at M11 1AN, United Kingdom, Manchester, England, 54 Louisa Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Ikram Tasawar
- 1 year
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ikram Tasawar
- 1 year
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Director's details changed for Mr Tasawar Ikram on 2025-01-23Download 2 pages pdf report
-
Confirmation statement made on 2025-01-08 with updatesDownload 3 pages pdf report
-
Confirmation statement made on 2024-11-03 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Burraq Traders Ltd
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