Trending Guys Ltd
- Small
- Active
- 3 years
- £9,047 (assets)
- Real address
- 1 director
- 1 owner
- 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
Trending Guys Ltd is a small, active company based in London, UK, founded three years ago in 2021. It operates as an e-commerce site, selling car detailing supplies, and has a real registered address. With a single director and owner—solo founder Bukkapatanam Narendra Babu—the company holds just £9,047 in assets. It’s a small operation, meeting two of three criteria for a small company: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees.
The company’s website, Chemical Guys UK, is a comprehensive online store for car detailing enthusiasts. It offers a wide range of products, from wash soaps and polishes to waxes and interior cleaners, catering to both professional detailers and everyday car owners. The site is well-organized, with clear product categories, detailed descriptions, and helpful guides. It also features a blog with tips and tutorials on car detailing techniques. It’s a very active site, with lots of products.
Financially, Trending Guys Ltd is showing some concerning trends. While current assets increased by a substantial 420%, reaching £9,000, net assets remain negative at -£3,700. Bank borrowings have risen significantly, up 170% to £12,000, and creditors have also increased by 170% to £13,000. Cash reserves are low at just £130, a 560% increase from the previous year, but still a small amount. The company’s retained earnings and accumulated losses are also negative, totaling -£3,800. The lack of employees (zero reported) suggests a lean operation, but the negative equity and rising debts are a cause for concern. As a small company, it’s exempt from an audit, so the figures are unaudited.
Overall, Trending Guys Ltd appears to be a small e-commerce business with potential, but it’s facing financial challenges. The rising debts and negative equity suggest that it’s burning through cash faster than it’s generating revenue, and it will need to find ways to improve its profitability to ensure its long-term survival.
Registered in England/Wales under the registration number 13557601, with a registered address at SE3 9DH, England, London, 112 Merlin Court 31 Tizzard Grove.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Bukkapatanam Narendra Babu
- 3 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Bukkapatanam Narendra Babu
- 3 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-08-09 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-08-31Download 4 pages pdf report
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Confirmation statement made on 2023-08-09 with no updatesDownload 3 pages pdf report
FAQ about Trending Guys Ltd
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