Best Trading (gb) Limited

Best Trading (gb) Limited, based in Slough, Berkshire, is a small, active company founded twenty years ago in 2005. With five employees and £786,194 in assets, it operates from a real address and is managed by three directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 79 months of import activity and 63 months of export activity recorded.

The company’s core business involves acting as agents involved in the sale of a variety of goods, the wholesale of machine tools, the wholesale of other machinery and equipment, the wholesale of hardware, plumbing and heating equipment and supplies. It's a fairly standard operation, with a focus on international trade. The company's website is not available, which makes it difficult to assess its online presence and e-commerce activities.

Financially, Best Trading (gb) Limited presents a mixed picture. While current assets decreased by 6.2% to £790,000, net assets plummeted 39% to £400,000. Cash bank on hand also dropped by 18% to £650,000. However, creditors increased significantly by 140% to £430,000, suggesting potential challenges in managing short-term liabilities. On the positive side, trade debtors rose by 190%, which could indicate increased sales but also potential issues with collecting payments. 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 decline in equity is something to keep an eye on. The accounts are abridged and unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Best Trading (gb) Limited seems to be navigating a period of change. The increase in creditors and the decrease in cash reserves suggest it might be burning through money, but the rise in debtors indicates increased sales. The company's long history and established international trade operations provide a solid foundation, but it will need to carefully manage its finances to ensure its long-term success.

Registered in England/Wales under the registration number 05404804, with a registered address at SL1 2JJ, Berkshire, 74 Winvale, Slough.

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