Prince Trading Limited

  • Small
  • Active
  • 1 year
  • 1 employee
  • Real address
  • 1 director
  • 1 owner
  • Solo founder

Field of Operation

Retail sale via mail order houses or via Internet
47910 204062 companies

Social media

Summary

Prince Trading Limited is a small, active company based in Wirral, UK, founded just one year ago in September 2023. Employing a single person, the company operates from a real address at 5 Heathfield Road, Prenton, and is led by a single director and owner, Prince Thomas James. The business specializes in retail sales via mail order houses and the internet.

The company’s website, Prince Trading Company, reveals a wholesale distribution business based in Kingston, Jamaica. It serves over 300 wholesale and supermarket clients, distributing products across Kingston, St. Catherine, St. Andrew, and Clarendon, with plans for island-wide distribution. The site showcases a range of products, including bulk and packaged food items like vegetable oil, detergent, and cleaning supplies. It also features a contact form and emphasizes competitive pricing and customer service.

Financially, Prince Trading Limited presents a concerning picture. While the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a negative -£150, indicating accumulated losses. Cash reserves are minimal at just £100, and net current assets are a negative -£150. Trade creditors are steady at £250, and the director’s loan account shows a balance of £250. Although the company is exempt from an audit, the lack of positive equity and low cash reserves suggest it's burning through money. It’s a worrying trend, and it’s not clear if the business can sustain itself long term.

Registered in England/Wales under the registration number 15133748, with a registered address at CH43 5RC, United Kingdom, Wirral, 5 Heathfield Road, Prenton.

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

Owners & PSC

  • Prince Thomas James
  • 1 year
  • 75%+

Managers

Managing director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Total exemption full accounts made up to 2024-09-30
  2. Confirmation statement made on 2024-09-11 with no updates
  3. Termination of appointment of Ian Prince as a director on 2024-04-25

FAQ about Prince Trading Limited

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