PROTRAC PROPERTY LTD

Executive Summary

Protrac Property Ltd has shown a turnaround from net liabilities to a small net asset position within two years of incorporation, but overall financial strength and liquidity remain minimal. The company’s ability to service debt is limited at this early stage, warranting a conditional credit approval with small exposure and strong monitoring. Close attention should be paid to forthcoming financial results and cash flow developments to ensure business viability and credit risk mitigation.

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Who controls this company?

Mr Aaronvir Taron Singh Cheema

Correspondence address
First Floor, Windmill House, 127-128 Windmill Street, Gravesend, United Kingdom, DA12 1BL
Date of birth
February 1996
Notified on
2022-06-07
Nationality
British
Country of residence
United Kingdom
Nature of control
Owns more than 75% of the company's shares
Has more than 75% of the voting rights in the company

Mrs Karnvir Cheema

HISTORIC INFORMATION
Ceased on
2023-11-21
Correspondence address
57, Windmill Street, Gravesend, England, DA12 1BB
Date of birth
November 1995
Notified on
2022-06-07
Nationality
British
Country of residence
United Kingdom
Nature of control
Owns between 50% and 75% of the company's shares
Has between 50% and 75% of the voting rights in the company


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