POTENTIAL TRADE LTD
Company number SC767490 · Active · Hawick TD9 7EL
POTENTIAL TRADE LTD is an active private limited company (company number SC767490) incorporated on 27 April 2023, registered in Hawick. Its registered activity is retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110). Latest micro accounts cover the period ending 30 April 2025, showing net assets of £27k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 189% on the prior period (£9,194).
By net assets it sits in the upper half of 2,736 comparable companies in Other (median £11k, upper quartile £48k).
Key dates
- Incorporated
- 27 April 2023
- Next accounts due
- 30 January 2027 — in 104 days
- Confirmation statement due
- 11 May 2027 — in 205 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 47110
- Retail sale in non-specialised stores with food, beverages or tobacco predominating
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 April 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 April 2025 | £27k | — | — | £7,604 | — | — | 1 |
| 30 April 2024 | £9,194 | — | — | £2,159 | — | — | 1 |
- Current ratio
- 16.3 — comfortable
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 80/100 (grade A)
- +10 Positive net assets — Net assets £26,578 at 2025-04-30
- +8 Net assets growing — +189.1% vs prior period
- +8 Comfortable liquidity — Current ratio 16.3
- +4 Past first filings — Incorporated 2023-04-27
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Taranveer Singh — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors; can appoint or remove directors; can appoint or remove directors · since 23 April 2024
- Mr Gurpreet Singh — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 27 April 2023 · ceased 6 May 2023
- Mr Taranveer Singh — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 6 May 2023 · ceased 4 November 2023
- Mr Gurpreet Singh — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 7 May 2023 · ceased 27 September 2023
- Mr Gurpreet Singh — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 4 November 2023 · ceased 24 April 2024
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in the UK
Same activity (retail sale in non-specialised stores with food, beverages or tobacco predominating), closest in incorporation date.
- AK LINCOLN LTD — Amersham, inc. Apr 2023
- DEEWAY LTD — Worcester, inc. Apr 2023
- GHOUSIA FOODSTORE LIMITED — Peterborough, inc. Apr 2023
- AL RIZQ SUPERMARKET LTD — High Wycombe, inc. May 2023
- HDM RETAIL STORES LIMITED — Hessle, inc. May 2023
- RAEEZ LTD — Worcester, inc. May 2023
Reminders for POTENTIAL TRADE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.