Transport 2 Bulgaria Ltd
- Small
- Active
- 10 years
- 4 employees
- £2,211 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Regular exporter
- 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
Summary
Transport 2 Bulgaria Ltd, based in London, UK, is a small, active company founded ten years ago in 2014. With just three employees and £1,829 in assets, it's a solo-founded operation managed by a single director and owner. The company operates in the freight transport by road industries, regularly exporting vehicles, parts, and accessories (excluding trains and trams) with three months of export activity recorded, the last in February 2021. It also imports furniture, lighting, and prefabricated buildings, although this is irregular, with just one month of import activity as of October 2024.
The company’s website, Transport2Bulgaria, is simple and dated, with a copyright notice from 2015 alongside a more recent date of 2025. It's clear the site hasn's been updated recently. The website promotes the company's transport services, but lacks detailed information about its specific offerings or target customers. There's a lot of unnecessary punctuation, which gives the site a slightly unprofessional feel.
Financially, Transport 2 Bulgaria Ltd is showing some concerning trends. Current assets have plummeted 95%, falling to just £1,800, while net assets are now a negative £36,000. Bank borrowings have decreased slightly, but cash reserves have fallen 69% to just £1,800. Creditors have also decreased, but the significant drop in assets and negative equity suggest the company is burning through cash. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, so the figures are unaudited.
While the company's regular export activity indicates ongoing business, the sharp decline in assets and negative equity raise concerns. The lack of employees (just three reported) suggests a lean operation, but the financial strain suggests the company may need to adjust its strategy to ensure its long-term viability.
Registered in England/Wales under the registration number 09258945, with a registered address at NW2 1DG, England, London, 12 Clitterhouse 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
- Ivanov Petko Georgiev
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ivanov Petko Georgiev
- 10 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-10-31Download 7 pages pdf report
-
Confirmation statement made on 2024-10-09 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-10-31Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Transport 2 Bulgaria Ltd
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