Bright Trading Limited

Bright Trading Limited is a small, active company based in London, UK, with a history spanning 35 years. Founded in 02/15/1990, it employs just one person and holds £2,756 in assets. The company, owned and directed by Georgiades Antonietta and Georgiades Savaki, operates as a family business with a real registered address. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Bright Trading’s primary activity involves acting as a logistics provider, specializing in building materials, technology products, and shipping. Its website highlights services like facilitating customer reach, supplying small quantities for consumption, handling imports to any country, assisting with product distribution, and supporting wholesale operations. The company also caters to department stores and sources products from China, Japan, Malaysia, and South Asia, including raw materials, finished products, and packaging materials. It even offers ATMs, POS machines, and furniture products.

Financially, Bright Trading Limited presents a mixed picture. Cash bank on hand has dramatically decreased by 89%, falling to just £2,000. Current assets have also plummeted, dropping 86% to £2,800. However, creditors have significantly reduced by 55%, suggesting improved debt management. Equity has declined by 9.4%, settling at £1,700,000. Bank borrowings have been reduced to zero, a positive sign. The company's unaudited financial statements, prepared by CCH Accounts Production, show a net asset liability of -£5,600.

The company's irregular import activity, with just two months of imports of clothing and accessories recorded in 2016, suggests a limited scope of operations. While the company’s logistics services appear well-defined, the financial figures indicate a period of contraction. It's unclear if this is a temporary setback or a sign of deeper challenges, but the company’s small size and family ownership may provide resilience in navigating these pressures.

Registered in England/Wales under the registration number 02470611, with a registered address at NW3 6BP, Summit House, 170 Finchley Road.

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