Grand Bazaar Trade Ltd

Grand Bazaar Trade Ltd, based in Barking, UK, is a small, active company founded two years ago. With a single employee and £20,237 in assets, it operates from a real address and is managed by two directors and owners. Boasting a perfect 5.0 Google rating from one review, the company is an irregular importer, primarily dealing in iron or steel products—with the last import occurring just two months ago.

The company's website, thegrandbazaaruk, showcases a wide range of Turkish goods, including table lamps, cushions, ceramics, and textiles, all available for purchase online. It’s clearly an e-commerce operation, with a focus on traditional, handmade items. The site’s design is simple, and it includes a quick view feature for each product.

Financially, Grand Bazaar Trade Ltd shows some concerning trends. Accumulated depreciation on property, plant, and equipment has increased significantly, by 90%, suggesting older assets are wearing out. Cash bank on hand has also declined by 28%, dropping to £5,200. While finished goods inventory has increased by 31%, reaching £15,000, this might be a sign of slow sales or difficulty managing stock. Creditors have remained stable, but corporation tax payable has risen by 27%. The company's small size (meeting two of three criteria for a small company) means it’s exempt from an audit, so the figures are unaudited. The increase in bank borrowings is a little worrying, but it could be a strategic move to support growth.

Registered in England/Wales under the registration number 14147832, with a registered address at IG11 0EQ, England, Barking, Unit F Anglian Industrial Estate, Atcost Road.

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