Peltrade Ltd

Peltrade Ltd, based in London, UK, is a small holding company with an active status, established twelve years ago. It employs six people and manages assets totaling £12,024,127. The company operates from a virtual address, a detail highlighted by the fact that twenty-six other businesses are registered at the same location. It's led by one director and has two owners, though the list of owners changed four years ago. Google users rate it 4.0 stars based on six reviews. Peltrade is a regular importer, specializing in wood and wood products, with its last import operation dating back to December 1, 2021.

The company's website showcases its role as a leading supplier of biomass products, particularly wood pellets, catering to both the heat and power sectors. Peltrade sources, ships, and distributes a wide range of biomass, including briquettes, logs, animal bedding, and cat litter. Its customer base spans from local retailers to multinational energy companies, and it utilizes multimodal transport for efficient delivery. The website highlights its commitment to sustainability and quality, emphasizing locally based sourcing and strict guidelines. Peltrade also operates a wholesale business in other fuels and related products.

Financially, Peltrade Ltd presents a mixed picture. While current assets have increased dramatically to £12,000,000, cash reserves have plummeted by a staggering 99% to just £7,800. Bank borrowings have also surged by 150%, reaching £420,000. Creditors have ballooned by 200%, reaching £6,200,000, and trade debtors remain steady. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in cash and the increase in debt raise concerns. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Average number of employees during the period has decreased to zero.

Overall, Peltrade Ltd appears to be facing financial headwinds, despite its strong market position and commitment to sustainability. The company’s ability to navigate these challenges will depend on its ability to manage its debt, improve its cash flow, and maintain its customer base.

Registered in England/Wales under the registration number 08230402, with a registered address at RG1 2AN, Reading, Berkshire, Unit 8, The Aquarium Building, King Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.