Trident Products Ltd

Trident Products Ltd, based in Margate, UK, is a small, active company founded 14 years ago in January 2011. The firm, with just one director and owner, Sheikh Mohammad Asad, holds £2,042 in assets and operates from a real address at Unit A2, East Northdown Business Centre. It's a regular importer, primarily of toys, games, and sports equipment, with five months of import activity recorded, the last in November 2023. The company’s core business involves the wholesale of clothing and footwear.

While its website is unavailable, its activities suggest an online presence, although it's unclear if it operates an e-commerce site. The company’s focus on wholesale suggests it supplies retailers rather than selling directly to consumers. It’s a small business, meeting two of three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Trident Products Ltd’s recent performance paints a concerning picture. Net assets have plummeted by 39%, dropping from £1,400 to just £890. Cash reserves are minimal at just £2, while bank overdrafts remain steady at £35. Trade debtors are stable at £1,500, but creditors have risen slightly to £1,200. A significant decrease in total inventories, down 75% to £500, could indicate reduced stock levels or increased sales. The company’s lack of employees (zero reported) suggests a lean operation, and with no auditor mentioned, the figures are unaudited.

The sharp decline in equity raises questions about the company's financial health. While the wholesale business may be ongoing, the reduced assets and negative equity suggest Trident Products Ltd is burning through money. The lack of a website makes it difficult to assess its online presence and customer base, but the financial data indicates a business facing challenges.

Registered in England/Wales under the registration number 07491684, with a registered address at CT9 3TS, England, Margate, Kent, Unit A2, East Northdown Business Centre.

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