Arwaco Traders Limited

Arwaco Traders Ltd from London UK: a small, active company established 30 years ago, employs one person, and holds £478,028 in assets. It's a solo-founded operation with a single director and owner, operating an e-commerce site and boasting a 5.0 Google rating from four reviews. The company irregularly imports clocks, watches, and their parts, with just one month of import activity recorded as of November 2022.

The company’s website, Arwaco Traders Ltd, showcases a wide range of watches from brands like Casio, Citizen, Seiko, and Pulsar, alongside budget brands and clock selections. It also offers accessories like batteries, display cases, and gift boxes. The site features a clear structure, with dedicated sections for gents' and ladies' watches, alarm clocks, and wall clocks, and a user-friendly account system. It even has a dedicated section for trade prices and a mailing list sign-up. The site’s contact information is readily available, including a landline number, WhatsApp contact for Mr. Rafiq, and a physical address in Walthamstow.

Financially, Arwaco Traders Ltd presents a mixed picture. While current assets increased slightly to £480,000, net assets remained relatively flat at £40,000. Bank borrowings jumped significantly by 170%, reaching £330, and cash reserves decreased by 18% to £13,000. Creditors also increased by 1.8%, reaching £720,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings and decrease in cash suggest it may be relying on external funding. There's no auditor mentioned, likely due to its status as a small company, so the financial statements are unaudited.

The company’s irregular import activity and focus on wholesale and retail suggests a niche market strategy. It seems to be doing well enough to maintain a good Google rating, but the financial data hints at potential challenges—perhaps related to managing cash flow or expanding its business.

Registered in England/Wales under the registration number 02950426, with a registered address at E17 3NU, United Kingdom, London, 187 Wood Street.

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