Al - Saud Traders Ltd

Al-Saud Traders Ltd from London UK is a small, active company founded three years ago in 2022. With just one employee and £2,216 in assets, it’s a solo founder operation managed by a single director and owner. It holds a respectable 5.0 Google rating based on two reviews. The company operates in the retail sale via stalls and markets of textiles, clothing and footwear, the retail sale via stalls and markets of other goods, and the retail sale via mail order houses or via internet 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 website is not available, so it’s difficult to determine if it operates as an e-commerce business. Without a website, it's hard to know how the company is selling its products.

Financially, Al-Saud Traders Ltd shows some concerning trends. Net assets declined by a significant 85%, dropping to -£20,000. Cash bank on hand increased dramatically by 23000%, reaching £1,100, which is a positive sign. However, bank borrowings increased to £1,800, and creditors rose by 64%, suggesting the company is relying more on credit. Current assets also decreased by 74%, dropping to £410. It seems like the company is struggling to maintain a healthy financial position, but the increase in cash reserves might indicate a recent influx of funds. The accounts are described as "filleted accounts" and are unaudited, which is common for small companies. The company’s director, Iqbal Muhammad Saud, is also its officer and accountant.

Registered in England/Wales under the registration number 13907045, with a registered address at EC1V 2NX, England, London, 124 City Road,.

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