Am Trading Uk Limited
- Large
- Active
- 16 years
- 11 employees
- £24,420,591 (assets)
- £59,805,123 (revenue)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
- Rating 3.0 (1)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Am Trading UK Ltd, based in London, is a sizable company with a 16-year history, currently employing 11 people. The company boasts significant assets of £24,420,591 and generates a yearly revenue of £59,805,123. It’s a family business with two directors and two owners, operating from a real address and demonstrating an active status. Google users have rated it 3.0 based on a single review. The company regularly imports and exports paper and paperboard products, with 23 months of import activity and 88 months of export activity.
The company’s website describes Am Trading UK as a trusted global partner in the paper and board trading industry. Operating from a 25,000 square foot warehouse in Ipswich, they supply prime paper and stock lots in reels and sheets to the UK and export markets. They have offices in the UK, India, Sweden, and the USA, and offer a comprehensive worldwide warehouse and logistics network. The website highlights their ability to collect from and ship to anywhere around the globe, and emphasizes strong relationships with storage and logistics partners. They also offer storage solutions, including a 25,000 sq ft facility in Harleston, Ipswich.
Financially, Am Trading UK Ltd shows some concerning trends. Accumulated depreciation and impairment of property, plant, and equipment increased by 13%, while bank borrowings surged by a significant 31%. Cash and cash equivalents, however, decreased by 30%, leaving a cash flow value of £1,200,000. Despite this, the company’s revenue increased by 63%, reaching £60 million, and creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of a mentioned auditor suggests unaudited financial statements.
It's clear Am Trading UK Ltd is a substantial player in the international paper and board market, but the declining cash reserves and increasing borrowings warrant closer scrutiny. The company’s focus on global reach and strong logistics, however, positions it well to navigate future challenges.
Registered in England/Wales under the registration number 06780414, with a registered address at W14 0EE, England, London, Shepherds Building Charecroft Way, Unit 614.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Monga Ankit
- 6 years
- 4
- 50%+
-
Resident of United Kingdom
-
Individual
- Monga Arun
- 8 years
- 3
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- Monga Ankit
- 13 years
- 5
-
Resident of United Kingdom
-
Individual
- Monga Arun
- 16 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Full accounts made up to 2023-12-31Download 26 pages pdf report
-
Confirmation statement made on 2024-03-28 with no updatesDownload 3 pages pdf report
-
Notification of Ankit Monga as a person with significant control on 2019-03-28Download 2 pages pdf report
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
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FAQ about Am Trading Uk Limited
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