Asian Traders Limited

Asian Traders Ltd, based in Hayes, UK, is a sizable family business with an active status, established sixteen years ago. Employing thirty individuals, the company boasts assets of £6,354,249 and generates an impressive £14,243,761 in yearly revenue. With five directors and three owners, it operates from a real address and maintains a solid Google rating of 4.0 based on eleven reviews. The company is a regular importer and exporter of cereal and milk-based food products, with a long history of both—770 months of imports and 18 months of exports.

The company’s website, salesasiantraders.co.uk, positions itself as a manufacturer and distributor of authentic Indian foods. It caters to retailers, wholesalers, caterers, and restaurants, offering a wide range of products, including snacks, spices, and ready-to-eat meals. The site emphasizes the availability of ingredients at your doorstep and highlights top brands, suggesting a focus on wholesale distribution. It also provides a trade account option, download product lists, and contact information, indicating a business-to-business model.

Financially, Asian Traders Ltd presents a mixed picture. While cash bank on hand has increased substantially by 130%, reaching £1.7 million, net assets have decreased by 28% to £4.5 million. Bank borrowings have significantly reduced by 67%, falling to £500,000—a positive sign of reduced debt. However, accrued liabilities have risen considerably, increasing by 190% to £25,000. Creditors have also decreased by 68%, to £540,000. The company’s turnover has increased by 21%, to £14 million, but net loss has decreased by 56% to £670,000. The company’s auditor is RDH Accountants Limited. It’s a large company, meeting two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, average number of employees more than 250.

Overall, Asian Traders Ltd appears to be navigating a period of change. The reduced debt and increased cash reserves are encouraging, but the rising liabilities and losses suggest potential challenges. The company's focus on wholesale distribution and strong brand presence could help it weather these pressures, but careful management of its finances will be crucial for long-term success.

Registered in England/Wales under the registration number 06727904, with a registered address at UB3 3BL, Hayes, Middlesex, Unit 5a Silverdale Industrial Estate, Silverdale Road.

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