What is the main business of Binh Minh Trade?

The main business activity of Binh Minh Trade focuses on agents involved in the sale of textiles, clothing, fur, footwear and leather goods.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on June 2, 2016.

Where is the headquarters located?

The headquarters is located at: Aleje Jerozolimskie 85, 02-001 Warszawa.

What is the share capital?

The share capital of the company is PLN 50,000 (approx. $13,506).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2023 to December 31, 2023.

What revenue was generated?

The company reported a revenue of $390,410 in 2023, which is a decrease of 40.4% compared to 2022.

Yes, the company recorded a net profit of $5,697 in 2023, meaning the company decreased its profit by 15.2%.

Which cost dominates operating expenses?

The largest operating cost category falls under cost of goods and materials sold. This category amounted to $335,753 in 2023, representing 87% of all operating expenses.

BINH Minh Tradesp. z o.o.

Agents involved in the sale of textiles, clothing, fur, footwear and leather goods

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2016-06-02

Share capital

50,000.00 PLN

Registered address

Aleje Jerozolimskie 85/21, 02-001 Warszawa, Poland

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2024 – the filing deadline has passed. 3 of 6 financial statements were filed late (the longest delay 251 days for 2021).

2024not filed
202322/11/2024
202203/08/2023
202123/03/2023
202028/09/2021
201902/07/2020

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2023.

Results vs industry

Revenue

This companyUSD 390.41kMedianUSD 190.33kAverageUSD 1.88m

Net profit

This companyUSD 5.70kMedianUSD 682.00AverageUSD 90.66k

Operating costs

This companyUSD 384.15kMedianUSD 190.75kAverageUSD 1.74m

Assets

This companyUSD 603.06kMedianUSD 151.85kAverageUSD 1.38m

Industry

Authorized Representatives

Ngoan Bui Van – Attorney-in-fact (sole)

Quoc Dat Nguyen – President of the Management Board

Manner of representation

Each member of the management board is authorized to make declarations on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Quoc Dat Nguyenage 32	95	$12,830.90	95%
Others	5	$675.31	5%

Beneficial owners

Person	Rights

Bank accounts

Was a VAT taxpayer from 2017-03-01 to 2025-09-17.

Reason for removal: Art. 96 ust. 9 pkt 2 (contact with the taxpayer or their representative is impossible despite documented attempts)

Debt

No entries in the National Debtors Register (KRZ).

Public aid

6 public aid cases recorded, with a total value of $13,145.

Grant date	Purpose	Gross amount	Granting body
Sep 20, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$592$592	Prezes Zakładu Ubezpieczeń Społecznych
Jul 21, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,282$1,282	Prezydent Miasta Stołecznego Warszawy
Jun 9, 2020	Other crisis aid	$997$997	Prezydent Miasta Stołecznego Warszawy

Competitors

Name	Revenue	Website
WE Global Distributionsp. z o.o.	$1,497,393.23	weglobaldistribution.pl
WAW Fashionsp. z o.o.	$983,697.10	wawfashion.com
Nitino DistributionS.A.	$712,426.08	vosedo.com
Woolmedsp. z o.o.	$547,748.60	woolmed.pl
Just For Sportsp. z o.o.	$288,634.81	justforsport.pl
G-Huntingsp. z o.o.	$277,112.26	g-hunting.pl
Menbur Polskasp. z o.o.	$34,577.15	menbur.com
K&K EcommerceP.S.A.	$9,641.78	sklepna6.pl
Piomesp. z o.o.	$0.00	piome.pl
JE Goldensp. z o.o.	–	jegolden.com