Premium Trading Limited

Premium Trading Limited from Birmingham UK: small company, active status, founded 5 years ago, accounts overdue 9 months, confirmation overdue 1 year, £38,094 assets, real address, 1 director, 1 owner. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company was founded five years ago on September 30, 2019, and registered at B10 9PG, England, Birmingham, 35 Mansel Road. Its status is active. Officially, it has one owner or PSCs, one director and no number of employees published.

Premium Trading Limited operates as a consumer electronics supplier, evident from its website's prominent "top of page" banner. The site functions as an e-commerce platform, showcasing a wide range of electronics including smartphones, watches, headphones, and robotic vacuum cleaners. It prominently features brands like Apple, Xiaomi, Roborock, Dreame, Tineco, Samsung, JBL, Sony, and Marshal. The website clearly aims to attract wholesale buyers, with a "Check Out Our Latest Offerings" call to action. Beyond product listings, the site includes customer testimonials and a section highlighting its commitment to quality service. A separate "Visit Our Stores" section lists a location in Hong Kong, suggesting a broader international presence. It’s a pretty standard online retail setup, focused on appealing to buyers looking for electronics.

Financially, Premium Trading Limited presents a mixed picture. While current assets remain stable at £38,000, equity has plummeted to a negative -£41. Bank borrowings are steady at £20,000, and cash reserves are also consistent at £19,000. Creditors have remained stable at £20,000. The lack of employees (zero reported) suggests a lean operation. With no auditor mentioned, the figures rely on unaudited statements. The negative equity, though small, is concerning and suggests the company is burning through cash, although the stable bank borrowings and cash reserves indicate it's managing its finances, for now. It’s possible the company is reinvesting heavily in inventory to meet demand, but this needs further investigation.

Registered in England/Wales under the registration number 12232495, with a registered address at B10 9PG, England, Birmingham, 35 Mansel Road.

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