Cigars Trading Limited

Cigars Trading Limited is a small, active company based in London, UK, founded two years ago in January 2023. With £25,000 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Pirvu Sile. The business operates an e-commerce site specializing in the wholesale and retail of wine, beer, spirits, tobacco products, and related accessories. The site, Cigartrading Online, showcases a wide range of Cuban cigars, including custom-rolled options by renowned master roller Alfredo Martinez, and even offers boxes of Cohiba Robustos for a limited-time special.

The website highlights a focus on premium quality, offering a shopping process with detailed information on origin preferences, pricing, and guarantees. It even caters to a niche market with custom-rolled cigars and a focus on museum-grade piano restoration—a surprising, perhaps unrelated, venture. The site is well-designed, with a clear focus on customer service and a 5.0 Google rating.

Financially, Cigars Trading Limited appears to be navigating early-stage challenges. While current assets remain stable at £25,000, the company reported a net loss of -£17,000. Interest payable and similar charges are significant at £9,000, and administrative expenses are £16,000. Bank borrowings are not mentioned, but the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) likely allows for flexibility. No auditor is mentioned, consistent with its status as a small, exempt company.

The company’s focus on high-end Cuban cigars and a niche market could provide a buffer against broader economic pressures, but the negative profit and high interest charges suggest a need for careful financial management. It’s clear that Cigars Trading Limited is betting on its premium offerings and online presence to sustain its growth.

Registered in England/Wales under the registration number 14595222, with a registered address at E15 4LJ, England, London, Ithaca House 27 Romford Road, H.O.C..

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