Pioneer Retail Limited

Pioneer Retail Limited, based in Birmingham, UK, is a small, active company founded twelve years ago in 2012. With a single employee and £20,876 in assets, it operates from a real address and is managed by one director and owner. The company is an irregular importer, primarily dealing in treated or layered fabrics for industrial use, with just one month of import activity recorded as of June 2018.

The company’s website, a simple WordPress site, features a search bar and basic contact information. There's no obvious e-commerce functionality; it appears to be a basic informational site rather than a sales platform. The site proudly displays membership badges and a "2025" graphic, suggesting a focus on branding and networking rather than direct online sales.

Financially, Pioneer Retail Limited presents a concerning picture. Net assets have plummeted by a staggering 200%, reaching -£4,000, indicating significant losses. Cash reserves have also declined by 31%, falling to £9,100. While creditors remain relatively stable, the sharp drop in equity and the negative net assets raise serious questions about the company's financial health. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) doesn't necessarily mitigate these concerns. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

It’s clear that Pioneer Retail Limited is struggling financially, and it's burning through money. The lack of a robust online presence and the negative equity suggest a business facing significant challenges—though the director's recent activity could signal attempts to turn things around.

Registered in England/Wales under the registration number 08216947, with a registered address at B12 9RG, England, Birmingham, Unit 27 14-20 George Street, Balsall Heath.

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