Prince Trading Limited
- Small
- Active
- 1 year
- 1 employee
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
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
-
Individual
- Prince Thomas James
- 1 year
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Prince Thomas James
- 1 year
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 7 pages pdf report
-
Confirmation statement made on 2024-09-11 with no updatesDownload 3 pages pdf report
-
Termination of appointment of Ian Prince as a director on 2024-04-25Download 1 page pdf report
FAQ about Prince Trading Limited
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