Byte Trading Limited

Byte Trading Limited is a small, active company based in Dundee, UK, established thirteen years ago in 2012. With two employees and £301,862 in assets, it operates as a family business under the direction of two directors and owners, Ross Mcpherson and William Edward Mcpherson. The company’s registered address is real, with only one other company registered at the same location. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Byte Trading Limited specializes in importing toys, games, and sports equipment, with a consistent record of 14 months of import activity, the last being in April 2023. It also engages in irregular exporting of the same products, with only one month of export activity recorded in November 2017. The company operates in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles.

Financially, Byte Trading Limited presents a mixed picture. Current assets decreased by 10% to £300,000, while net assets increased by 21% to £230,000. Cash bank on hand dropped significantly by 40% to £12,000. Creditors decreased by 52%, suggesting improved debt management, but bank borrowings increased. Trade debtors rose by 3.1%, and other debtors increased by 22%. The company’s equity grew by 21%, primarily due to retained earnings. The increase in equity is a positive sign, but the decrease in cash reserves warrants attention. The company’s small size allows for agility, but the fluctuations in key financial metrics highlight the need for careful monitoring. The financial statements are unaudited, as is typical for small companies exempt from an audit.

Registered in Scotland under the registration number SC414341, with a registered address at DD5 3RR, Scotland, Dundee, Unit 1a Ainsle Street, West Pitkerro Industrial Estate.

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