Azad Traders Ltd

Azad Traders Ltd from Manchester UK: small company, active status, founded 6 years ago, 4 employees, £94,592 assets, real address, 1 director, 1 owner. Regular importer of plastics and plastic products (6 months imported). It’s a small business, meeting two of three conditions to qualify – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s status is active, and it was incorporated on September 25, 2018. It operates in the wholesale of textiles, the wholesale of clothing and footwear, and the retail sale via mail order houses or via internet industries.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. It’s unclear if they have a dedicated online store or primarily operate through other channels. Without a website to analyze, it’s impossible to determine the extent of their digital marketing efforts or customer engagement strategies.

Financially, Azad Traders Ltd is showing some concerning trends. While the company’s small size helps it remain agile, its current assets have fallen by 25%, dropping to £95,000. Bank cash has decreased significantly, falling 47% to £16,000. Creditors have also decreased by 9.5% to £110,000. However, the most worrying aspect is the negative equity, with retained earnings and accumulated losses resulting in a loss of £14,000. Trade debtors have also decreased by 37%, which could indicate issues with collecting payments. The company’s unaudited accounts, prepared using VT Final Accounts software, are exempt from an audit, relying on director-reported data. The accounts state that short term creditors are measured at transaction price, and stocks are measured at the lower of cost and estimated selling price.

Despite the financial pressures, Azad Traders Ltd remains a regular importer, with its top import category being Plastics and plastic products, totaling 6 months of imports. The last import operation was conducted on November 01, 2024. The company is owned and directed by Azadah Aminullah, and it’s worth noting that the list of owners and directors was changed six years ago.

Registered in England/Wales under the registration number 11587480, with a registered address at M3 1EJ, England, Manchester, 45 Sherborne Street.

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