Atd3d Ltd

Atd3d Ltd, based in Kingswinford, UK, is a small, active company founded two years ago in August 2022. It’s a solo-founded operation with one director and owner, Thomond Andrew David, and holds just £719 in assets. The registered address is likely virtual, as eighty-five companies share the same location. The business operates in the retail sale via mail order houses or via internet industries.

The company’s website highlights its commitment to providing local, independent businesses with access to a wide range of products at sustainable prices. It specializes in sourcing and distributing high-quality products, catering to diverse business needs from retail and food to industrial and office supplies. They work with reputable suppliers and emphasize ethical and eco-friendly practices, building long-term client relationships through personalized service and expert advice. It’s a clear focus on B2B ecommerce, not direct-to-consumer sales.

Financially, Atd3d Ltd presents a concerning picture. Current assets have plummeted by a staggering 81%, falling to just £720. Bank cash reserves have also seen a sharp decline, dropping 78% to a meager £620. Creditors have decreased slightly by 12%, but the most alarming trend is the massive 120% increase in negative equity, pushing the company into a deeper financial hole. Trade debtors have also fallen significantly, suggesting difficulties in collecting payments. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, but these numbers indicate a company burning through cash rather than building a sustainable business. With no auditor mentioned, the financial statements are unaudited. It's likely the company is struggling to maintain its operations and may need to re-evaluate its business model.

Registered in England/Wales under the registration number 14324816, with a registered address at DY6 9HS, England, Kingswinford, Brook House, Moss Grove.

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