322 Traders Limited

322 Traders Ltd from Bolton UK: a small, active company founded seven years ago, employs three people, and holds £61,954 in assets. It has two directors and one owner, and boasts a perfect 5.0 Google rating based on six reviews. The company regularly imports machinery, boilers, and mechanical appliances parts, with its last import operation occurring three months ago.

The company operates in the other retail sale not in stores, stalls or markets industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company's eBay store showcases a wide range of products, from electronics and fashion to motors and collectables. It seems to be a marketplace for both new and refurbished items, with a strong emphasis on trending products and deals. The site also highlights a selection of trending refurbished items, suggesting a strategy to capitalize on the growing demand for affordable, pre-owned goods.

Financially, 322 Traders Ltd presents a mixed picture. While current assets increased by 20% to £62,000, bank borrowings decreased by 29% to £18,000. Creditors also decreased by 29% to £18,000, suggesting improved debt management. However, cash bank on hand fell by a significant 42% to £13,000, and net assets liabilities decreased by 3.5% to £35,000. The company's total inventories increased by 74% to £47,000, which could indicate increased stock levels or a buildup of unsold goods. Trade debtors decreased by 24% to £1,900, which is a good sign. The lack of an auditor mentioned is typical for a small company, and the unaudited accounts rely on director-reported data.

It seems like the company is doing okay, but the decrease in cash reserves is something to keep an eye on. The eBay store is active, and the company is clearly focused on offering a wide selection of products and competitive prices—but sustaining growth will depend on managing its finances and keeping customers happy.

Registered in England/Wales under the registration number 10811965, with a registered address at BL3 5HP, United Kingdom, Bolton, 268 Deane Road.

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