Pillar Enterprise Ltd

Pillar Enterprise Ltd is a small, active company based in Cradley Heath, UK, founded three years ago in 2021. It’s a solo-founded venture with one director and owner, Ali Hassan. The company operates in the retail sale via mail order houses or via internet industries, focusing on acquiring and operating established businesses while preserving legacies and nurturing community growth. Its registered address, 60 Bishops Walk, is likely real, with only one other company registered there.

The company’s website details a mission to acquire local businesses generating at least £850,000 a year, with a focus on the Greater Orlando area. It’s drawn to industries like home services, SaaS, professional services, and manufacturing, seeking businesses aged ten years or older with a diverse customer base. Pillar Enterprises, founded by Joel Valdez, emphasizes family ownership and long-term growth, even boasting a LinkedIn page. It’s clearly aiming to build a portfolio of thriving local businesses.

Financially, Pillar Enterprise Ltd presents a concerning picture. Net assets plummeted to -£5,500, and retained earnings are negative, suggesting the company is burning through money rather than accumulating wealth. Cash reserves are non-existent, and bank borrowings are also at zero. While creditors remain steady, the overall trend points towards financial strain. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size, meaning the financial statements are unaudited.

The company's focus on acquiring businesses, coupled with its negative equity, suggests it may be relying on future acquisitions to improve its financial health. It’s a risky strategy, and whether it will pay off remains to be seen—but for now, Pillar Enterprise Ltd is betting on its acquisition model to turn the tide.

Registered in England/Wales under the registration number 13601276, with a registered address at B64 7RH, England, Cradley Heath, 60 Bishops Walk.

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