The Persian Trader Ltd

The Persian Trader Ltd, based in Edinburgh, UK, is a small, active company founded eight years ago. With two employees and £55,166 in assets, it operates as a solo-founder venture under the direction of Jafar Shaghaghi Kaveh. The company maintains a real address and boasts a respectable Google rating of 4.0 based on five reviews. It’s an irregular importer, primarily dealing in coffee, tea, mate, and spices, with its last import operation recorded two months ago in October 2024.

The Persian Trader’s website highlights its role as a "Global Supplier of Best Saffron," with an online store, wholesale options, recipes, and more. It emphasizes international registration of its trademark and provides contact information. The site also features a section dedicated to "1066 Pianos," revealing a separate venture focused on high-end piano restoration—a business operating from Cambridge with a showroom in Harrods. This suggests a diversified portfolio beyond the core saffron and spice import business.

Financially, The Persian Trader Ltd presents a mixed picture. Current assets have decreased by 24%, dropping to £55,000, while net assets have plummeted 180%, settling at -£20,000. Bank borrowings have remained steady, and cash reserves have fallen by 76%, leaving just £1,400. Creditors have also remained stable. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the significant equity decline is concerning. As a small company, it's exempt from an audit, relying on unaudited financial statements.

Despite the challenges, The Persian Trader Ltd appears to be navigating a complex business landscape, balancing its saffron and spice import operations with the prestigious piano restoration business. Whether this dual focus will prove sustainable remains to be seen, but the company's commitment to quality and customer service suggests a resilient approach.

Registered in Scotland under the registration number SC542323, with a registered address at EH3 6PJ, United Kingdom, Edinburgh, 13 Drummond Place.

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