Adk Traders Ltd

Adk Traders Ltd from Oldham UK is a small, active company founded four years ago. It employs just one person and holds £10,138 in assets, operating from a real address. With one director and one owner – a solo founder – the company is registered with Companies House. It’s a tight-knit operation, with Nadeem Kaiser serving as both director and owner.

The company’s website, while not directly visible, suggests a focus on retail sales via mail order and internet. It operates in the retail sale via mail order houses or via internet industries. The company’s activities seem centered around online commerce, potentially with a warehouse in Manchester.

Financially, Adk Traders Ltd presents a mixed picture. Cash reserves have plummeted by 95%, dropping from £17,000 to just £840. Creditors have also decreased significantly, by 70%, to £7,100, which is a positive sign. Current assets have fallen by 60%, settling at £10,000. Equity, however, has seen a positive trend, increasing by 41% to £3,100. The company’s small size—meeting two of three conditions for a small company—helps it maintain agility, but the sharp decline in cash reserves is concerning. It’s worth noting that the accounts are “filleted” and unaudited, relying on director-reported data.

The company’s financial statements indicate a potential struggle to maintain cash flow, perhaps due to increased costs or delayed payments. The rise in equity suggests that the company may be reinvesting profits, but the low cash balance raises questions about its long-term financial health. It’s likely that the company is burning through money, but without more information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 12924593, with a registered address at OL8 1NW, England, Oldham, 367-369 Ashton Road.

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