Grad Trading Ltd
- Small
- Active
- 4 years
- 2 employees
- £13,938 (assets)
- Real address
- 2 directors
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The owners list was changed 29 days ago, a good sign to sell them something.
Field of Operation
Website
Summary
Grad Trading Ltd is a small, active company based in Birmingham, UK, founded four years ago. The company employs two people and holds £13,938 in assets, operating from a real address. With two directors and one owner, it’s a relatively lean operation. The company operates in the retail sale via mail order houses or via internet, the other retail sale in non-specialised stores industries.
The company's website doesn's offer much detail, but it appears to be a retail operation. There's no obvious e-commerce presence, and the site doesn't offer much information about the products or services offered. It's possible that the company operates primarily through other channels, such as wholesale or direct sales.
Financially, Grad Trading Ltd’s recent performance shows some concerning trends. Current assets have fallen by 30% to £14,000, and net current assets have plummeted by 61% to just £5,000. Cash reserves have also taken a hit, dropping 40% to £8,400. Trade debtors have decreased by 41%, which could indicate improved collections or reduced credit sales. However, creditors have risen by 22%, suggesting increased short-term obligations. Equity has increased slightly, but the overall picture is one of reduced liquidity. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.
The owner, Ballagan Rekha, changed the list of owners fifteen days ago, which is a good sign. It’s possible that the company is looking to sell itself, or that it’s simply looking to improve its financial performance. The company's small size and limited financial resources mean that it will need to be careful about its spending.
Registered in England/Wales under the registration number 13240361, with a registered address at B42 1TN, England, Birmingham, 899 Walsall Road, Great Barr.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Ballagan Rekha
- 4 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Ballagan Rekha
- 4 years
-
Resident of United Kingdom
-
Individual
- Singh Gurdeep
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted fifteen days ago.
Last news
-
Confirmation statement made on 2025-02-22 with no updatesDownload 3 pages pdf report
-
Cessation of Gurdeep Singh as a person with significant control on 2025-04-01Download 1 page pdf report
-
Termination of appointment of Gurdeep Singh as a director on 2025-04-01Download 1 page pdf report
FAQ about Grad Trading Ltd
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