Trustdealz Ltd

Trustdealz Ltd is a small, active company based in Glasgow, UK, founded four years ago in July 2020. With £20,071 in assets and a real registered address at 11 Plantation Grove, Cambuslang, it's a lean operation run by one director and owner, Afzal Tasleem. The company operates in the wholesale of household goods, non-specialised wholesale trade, and retail via mail order houses or via the internet – essentially, they're involved in getting goods to consumers through various channels.

Their website, Trust Dealz LTD, focuses on energy improvements and government grants, specifically the ECO4 scheme. They offer services like free boiler replacements, insulation upgrades, and air source heat pump installations, targeting homeowners seeking to reduce energy bills. The site’s layout suggests a lead generation focus, with prominent "Apply Now" buttons and a free survey offer. It’s clearly an e-commerce business, though the products are more services than physical goods.

Financially, Trustdealz Ltd presents a mixed picture. Cash bank on hand has seen a dramatic increase, jumping 370,000% to £18,000 – a very positive sign. However, net assets have also declined by 49% to -£4,200. Creditors have risen significantly, up 190% to £24,000, which could indicate increased reliance on short-term financing. Trade debtors have also increased, suggesting customers are taking longer to pay. The company’s small size (meeting two of three criteria for a small company) means they're likely exempt from an audit, so the figures are unaudited. The accounts are described as “Filleted Accounts” and were authorised for issue in March 2025.

While the sudden increase in cash is encouraging, the rising debts and declining equity suggest the company may be burning through money to acquire new customers or expand its services. The fact that the director list was changed three months ago could be a sign of new investment or restructuring, but it’s also something to keep an eye on.

Registered in Scotland under the registration number SC667665, with a registered address at G72 6PD, Scotland, Glasgow, Lanarkshire, 11 Plantation Grove Cambuslang.

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