Db Traders Ltd

Db Traders Ltd is a small, active company based in Ilford, UK, founded nine years ago in 2016. It operates from a real address and is led by one director and owner. The company’s core business revolves around importing vehicles, parts, and accessories—excluding trains and trams—with four months of import activity recorded as of August 2022. Officially, it has one owner or PSCs.

The company’s website highlights a focus on commercial vehicle remarketing. Db Trading 0 Ltd actively encourages customers to sell their commercial vehicles, offering a simple process involving sending pictures and details for a quick quote and collection. The site emphasizes convenience, competitive pricing, and excellent customer service, with payments made directly into the seller's account. The company also lists a phone number and email address, and proudly states it was created with Wix.com.

Financially, Db Traders Ltd presents a concerning picture. Net assets and liabilities both sit at -£130,000, a significant negative balance. Bank borrowings remain steady at £27,000, while cash reserves are a meager £1,100. Creditors are also substantial at £130,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may offer some flexibility, but the consistently negative equity raises serious questions. The company’s accounts are described as “filleted” and unaudited, relying on director-reported data. There’s no mention of an auditor.

While Db Traders Ltd appears to be actively marketing its vehicle remarketing services, the financial data suggests the company is struggling to stay afloat. The negative equity and low cash reserves indicate it’s burning through money, and the lack of employees hints at a lean operation—possibly one that’s finding it difficult to generate sufficient revenue.

Registered in England/Wales under the registration number 10139431, with a registered address at IG1 1RF, England, Ilford, Essex, 2-10 Pelham Road.

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