Samore Traders Limited

Samore Traders Ltd from Birmingham UK: a small, active company founded 11 years ago, employs two people, and holds £32,929 in assets. It’s a real address with one director and one owner. The company is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with just one month of imports recorded as of January 2025.

The company operates as a car rental and leasing service, offering a diverse fleet to both individual and corporate clients. Its website highlights a range of vehicles, from economical models to luxury cars, with flexible leasing options and transparent pricing. They also boast excellent customer service and well-maintained vehicles. The company’s website also includes a gallery and contact information.

Financially, Samore Traders Ltd presents a mixed picture. Current assets have decreased by 22% to £33,000, while net assets have dropped significantly by 58% to -£81,000. Bank borrowings have decreased by 24% to £10,000, and cash reserves have fallen dramatically by 91% to just £970. Creditors have increased by 14% to £130,000, and other taxation and social security payable has increased by a whopping 500% to £14,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline suggests financial strain. No auditor is mentioned, meaning the figures are unaudited.

The company's irregular import activity and declining cash reserves raise concerns about its financial health. While the car rental business appears to be operating, it’s clear that Samore Traders Ltd is burning through money and needs to find a way to improve its financial position.

Registered in England/Wales under the registration number 08741649, with a registered address at B19 3RD, England, Birmingham, 337b New Summer Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.