Principle Enterprise Ltd

Principle Enterprise Ltd is a small, active company based in Bury St. Edmunds, UK, founded three years ago in January 2022. It's a solo founder operation with one director and owner, Barata Tiago, and holds a real address. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs.

The company’s website, Principle Enterprises, is a full-service oilfield services provider operating in the Marcellus Utica Shale Basin. They offer water management, trucking, roustabout services, and rentals, catering to oil and gas companies. The site emphasizes safety and wellbeing, with contact information for offices in Canonsburg and Canton. The services include water transfer, filtration, fluid storage, flat beds, winches, heavy haul, water hauling, and hot shot trucking. Rental solutions encompass street sweepers, traffic shacks, glycol heaters, and frac tanks.

Financially, Principle Enterprise Ltd presents a mixed picture. Cash bank on hand increased by a substantial 220% to £730, but net assets liabilities still sit at -£570. Creditors remain steady at £1300, and loans from directors are unchanged at £1300. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the negative equity suggests it’s burning through money. The accounts are described as “filleted accounts” and were prepared using Taxfiler software. There’s no auditor mentioned, likely due to the company’s small size and exemption from audit. The accounts were authorised for issue on October 30, 2024.

Registered in England/Wales under the registration number 13829312, with a registered address at IP32 6EH, England, Bury St. Edmunds, 21 Mildenhall Road.

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