Teratradersglobal Limited

Teratradersglobal Limited is a small, active company based in Luton, UK, founded four years ago. With a single employee and £2,003 in assets, the company generated £99,326 in revenue last year. It operates as an e-commerce site, selling a wide range of products from watches and toys to pet supplies and even mobile phones. The business, run by a solo founder and director, Ashfaq Khuram, has a real registered address and is classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The website, Tera Traders Shopping, showcases a vast catalog of goods, organized into categories like Garden Outdoors, Health Beauty, and Sports Outdoor. It features a user-friendly interface with search functionality, wishlists, and a shopping cart. The site actively promotes special offers and new arrivals, aiming to attract customers with competitive pricing and a wide selection. It's clear the company is trying to be a one-stop shop for a diverse range of consumer goods.

Financially, Teratradersglobal Limited demonstrates a strong growth trajectory, but also some concerning trends. Turnover surged by 580%, reaching £99,000, while operating profit loss increased by 350%, reaching £330. Cash reserves, however, plummeted 96%, leaving just £2,000. Bank borrowings increased significantly, and trade creditors rose, suggesting the company may be relying on credit to fuel its growth. While the increase in revenue is positive, the sharp decline in cash and the rising debts could indicate the business is burning through money faster than it’s generating it. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It’s possible the company is reinvesting heavily in its e-commerce platform and marketing efforts, but careful management of cash flow will be crucial to its long-term sustainability.

Registered in England/Wales under the registration number 13216013, with a registered address at LU3 1UU, England, Luton, 9 Moat Lane.

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