Provence Trading Ltd

Provence Trading Ltd is a small, active company based in Birmingham, UK, founded ten years ago in 2014. It employs just one person and holds £26,974 in assets, operating from a real address. With one director and owner, Dadabhoy Ashraf, the company is a relatively small operation. It’s been importing ceramic products for two months, and previously exported furniture, lighting, and prefabricated buildings for two months, though export activity ceased in 2021. The company operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery industries.

The company’s website showcases a wide range of products, from health and beauty items to toys and household goods, emphasizing competitive pricing. It lists products like playing house items, basic teaching tools, interactive games, sports equipment, and even trampolines. The site’s layout suggests a retail focus, with clear product categories and a “News” section featuring industry updates. It’s not immediately clear if Provence Trading Ltd operates its own e-commerce platform, or if it acts as a distributor for other retailers.

Financially, Provence Trading Ltd presents a mixed picture. Current assets have decreased significantly, dropping 57% to £27,000, and net assets have fallen 76% to just £970. Bank cash has also declined by 63% to £550. While creditors have decreased by 28%, suggesting improved debt management, the sharp decline in equity is concerning. The company meets the criteria for a small business, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is typical for a small company, and the unaudited accounts rely on director-reported data.

In short, Provence Trading Ltd appears to be struggling financially, with declining assets and equity. While it maintains a presence in the market with a diverse product range, it will need to address its financial challenges to ensure its long-term viability. The irregular import and export activity suggests a potentially volatile business model, and the reliance on a single employee highlights its limited resources.

Registered in England/Wales under the registration number 09181590, with a registered address at B13 0PY, Birmingham, 140 Haunch Lane.

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