Anglo China Sourcing Ltd

Anglo China Sourcing Ltd, based in Langham, UK, is a small, active company founded nineteen years ago in 2005. With four employees and £369,816 in assets, it’s a family business led by three directors and two owners. The company boasts a perfect 5.0 Google rating based on one review. It’s an irregular importer, primarily dealing with man-made filaments and related materials, with its last import operation occurring in September 2019.

The company operates as a sourcing partner, offering a total supply chain solution for businesses. Its website highlights expertise in product sourcing, contract manufacturing, private label generic products, raw material purchasing, packaging design, quality inspection, and shipment consolidation. It even assists factories in purchasing raw materials and ensuring products meet specifications. The website describes a ten-step order cycle process, emphasizing a small, dynamic company with low overheads and dedicated staff in China.

Financially, Anglo China Sourcing Ltd’s recent performance shows some concerning trends. Cash bank on hand has plummeted 71%, dropping to £51,000, while debtors have soared 99%, reaching £320,000. Creditors also increased by 13%, reaching £370,000. A significant drop in retained earnings, falling 93% to just £1,000, suggests the company is burning through equity. Despite these challenges, the company's net current assets liabilities have also fallen, suggesting some improvements in debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the equity decline warrants closer attention. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 05610443, with a registered address at CO4 5ZS, Langham, Essex, Langham Barn Business Centre, Langham Lane.

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