Trade Bliss Ltd

Trade Bliss Ltd from London UK: a small, active company founded two years ago, holds just £425 in assets, operates from a virtual address, and is led by a single director and owner—a solo founder. It’s a private limited company registered in England/Wales, with a real registered address in Covent Garden, though 91192 other companies share the same location, suggesting a virtual address.

The company’s activities span a diverse range: wholesale of china, glassware, and cleaning materials, non-specialised wholesale trade, retail sale via mail order houses or via internet, and other retail sales not in stores, stalls, or markets. Officially, it has one owner and director, and no number of employees are published. Its website, though currently unavailable, likely reflects these diverse trading activities.

Financially, Trade Bliss Ltd presents a concerning picture. Net assets and liabilities are both at a negative £680, and cash reserves are a mere £420. Trade debtors are at £1, and creditors are £1100. Bank borrowings are £1100. 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 negative equity and minimal cash reserves are worrying. The accounts are described as "filleted" and "unaudited," meaning they are exempt from a full audit and rely on director-reported data. There's no auditor mentioned, which is typical for small companies.

The company’s financial data suggests it’s struggling to generate profit and may be burning through cash. While the diverse trading activities indicate ambition, the current financial situation is precarious. It’s possible the company is in a startup phase, reinvesting heavily in growth, but the lack of positive cash flow raises questions about its long-term viability.

Registered in England/Wales under the registration number 14768407, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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