In Trade Group Ltd

In Trade Group Ltd from Bordon UK: small company, active status, founded 1 year ago, £2,514 assets, real address, 1 director, 1 owner, solo founder. It’s a small business, meeting two of three conditions to qualify: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company was incorporated on August 2023 and currently has one director and one owner, Vitalii Grigoriev. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, Trade Group, isn’t just one site, but a collective of online retail brands selling building materials like insulation and timber. They offer top brands at trade prices through platforms like Trade Insulations, and even have a presence in Harrods with their piano restoration division (1066 Pianos). The website highlights brands like Celotex, Kingspan, and Rockwool, and boasts a focus on competitive pricing and fast delivery. They’ve achieved significant growth, fulfilling 54,240 orders in the UK in 2023, and have seen a 114% growth in the last year.

Financially, In Trade Group Ltd presents a mixed picture. Current assets are at a low £2,500, while net assets are in the negative at -£6,600. Bank borrowings are at £9,100, and cash reserves are a mere £150. Creditors are also at £9,100. The company is likely exempt from an audit as a small entity, and the accounts are filleted. These numbers suggest the company is burning through money, perhaps typical for a new business. There’s a lack of employees reported, indicating a lean operation. It's a bit concerning, but the company’s growth in sales and orders suggests it’s at least attracting customers.

Registered in England/Wales under the registration number 15058928, with a registered address at GU35 9AR, England, Bordon, Flat 2 Petersfield House Petersfield Road, Whitehill.

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