Trade-bay Ltd
- Small
- Active
- 9 years
- £160,419 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
- E-commerce
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
Summary
Trade Bay Ltd, based in Preston, UK, is a small, active company founded nine years ago in 2015. With £160,419 in assets and a virtual address shared by 54 other companies, it’s a solo-founded operation run by a single director and owner, Omer Yusuf. The business operates an e-commerce site, and while it’s primarily focused on retail via mail order and internet sales, it's also an irregular importer of toys, games, and sports equipment, with just one month of import activity recorded as of May 2016.
The company’s website, TradeBay UK, positions itself as a supplier of packaging needs, batteries, and mobile accessories. From postage bags and envelopes to Duracell and Renata watch batteries, it caters to a broad range of customers. The site emphasizes next-day delivery, competitive pricing, and a wide selection—hallmarks of a modern e-commerce business. It also offers a "Best Price Guarantee" and a 30-day return policy.
Financially, Trade Bay Ltd shows a mixed picture. Current assets remained relatively stable at £160,000, while net assets increased by 24% to £120,000. Bank borrowings, however, decreased significantly, falling by 100% to zero. Cash reserves increased by 57% to £110,000. Trade debtors decreased by 63%, suggesting better collection practices, but total inventories dropped by 33% to £31,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in inventories could indicate supply chain challenges. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
In short, Trade Bay Ltd appears to be holding steady, with a focus on online retail and a growing cash position. The company’s success will depend on maintaining its competitive pricing and adapting to changing customer demands.
Registered in England/Wales under the registration number 09616143, with a registered address at PR1 5EA, England, Preston, 239 Ribbleton Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Omer Yusuf
- 7 years
- 4
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Omer Yusuf
- 9 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 7 pages pdf report
-
Registered office address changed from 1 Frenchwood Knoll Preston PR1 4LE United Kingdom to 239 Ribbleton Lane Preston PR1 5EA on 2024-11-20Download 1 page pdf report
-
Change of details for Mr Yusuf Omer as a person with significant control on 2024-09-04Download 2 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Trade-bay Ltd
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