Atf Trading Limited

ATF Trading Limited, based in Glasgow, UK, is a small, active company founded nine years ago. Despite its status, the company has overdue accounts and confirmation statements for the last four years. It’s a solo-founded operation with one director and owner, holding a Google rating of 3.0 based on two reviews. The company operates from a real address and is classified as an irregular importer, primarily dealing in textile products, used clothing, and rags, with just one month of import activity recorded in 2017.

The company’s website reveals a more expansive operation than initially apparent. ATF Trading FZE, its UAE-based counterpart, is engaged in the wholesale trade of vehicles, specializing in specialized motor vehicles, container ships, truck-mounted cranes, and truck mixers. It sources these components from manufacturers in Germany, Singapore, China, and Hong Kong. The website highlights 23 deals completed and 31 contractors appointed, suggesting a more robust trading network. It even includes a contact form and head office details in the UAQ Free Trade Zone.

Financially, ATF Trading Limited presents a mixed picture. While cash reserves have dramatically increased to £22,000—a staggering 23,000% growth—current assets have plummeted 270% to £200,000. Debtors have drastically decreased by 94%, while creditors have risen 94% to £81,000. Equity has also increased by 270% to £75,000. 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 significant drop in debtors and the increase in creditors indicate potential cash flow challenges. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Registered in Scotland under the registration number SC516103, with a registered address at G42 8NP, Scotland, Glasgow, 5 Allison Street.

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