Terrestrial Trades Ltd
- Small
- Active
- 2 years
- £9,554 (assets)
- Virtual 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
Terrestrial Trades Ltd is a small, active company based in London, UK, founded two years ago. With £9,554 in assets and a virtual address shared by many other businesses, it’s a solo-founded operation with one director and owner. The company operates in the retail sale via mail order houses or via internet industries, acting as a supplier for independent retailers.
The company’s website highlights its expertise in product sourcing and distribution, offering specially curated products, competitive pricing, and personalized support to independent retailers. It emphasizes flexible ordering options, including bulk orders and dropshipping, and offers personalized support to clients. Terrestrial Trades aims to empower smaller retailers, offering a wide selection of products and competitive pricing. Client testimonials praise the company’s ability to transform retail businesses by offering unique products and exceptional customer support.
Financially, Terrestrial Trades Ltd shows a mixed picture. While current assets remain steady at £9,600, equity sits at a negative £3,100, indicating the company is burning through cash. Cash bank on hand is steady at £3,000, but creditors are at £13,000. The lack of employees (zero reported) suggests a lean operation, but the negative equity raises concerns. Trade debtors are at £4,200. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Despite the financial challenges, Terrestrial Trades Ltd appears to be focused on its niche market of supporting independent retailers. The company's dedication to personalized service and curated product selections may help it navigate the competitive landscape, but the negative equity suggests it needs to carefully manage its cash flow.
Registered in England/Wales under the registration number 14764544, with a registered address at EC1V 2NX, England, London, 124 City Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Iqbal Ijaz
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Iqbal Ijaz
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twenty six days ago.
Last news
-
Confirmation statement made on 2025-03-27 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-05-31Download 8 pages pdf report
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Previous accounting period extended from 2024-03-31 to 2024-05-31Download 1 page pdf report
FAQ about Terrestrial Trades Ltd
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