Castle Trading Limited

Castle Trading Ltd, based in London, UK, is a small, active company with a 44-year history, having been founded in 1981. Employing 18 people, the company holds £1,882,202 in assets and operates from a real address. It's a family affair, with three directors, including a solo founder and owner, Ahadpour Khaneghah Parviz. Castle Trading runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings—a trend that’s been ongoing for 10 months, with the last import operation occurring in May 2022. The company operates in the residents property management industries.

The business has a website, sanctum.london, showcasing luxury serviced apartments in London. The site emphasizes 5-star accommodations and caters to a variety of needs, from holiday stays to corporate relocations and hospital visits. It even has a section dedicated to disaster recovery for damaged pianos, hinting at a possible connection to a separate piano restoration business. The site’s extensive language options and detailed FAQs demonstrate a customer-centric approach.

Financially, Castle Trading Ltd presents a mixed picture. Cash bank on hand has dropped significantly, declining by 51% to £170,000. While trade debtors have increased by 5.7% to £1,700,000, current assets have fallen by 4.3% to £1,900,000. A concerning trend is the sharp increase in net current liabilities, which have risen by 56% to -£480,000. However, creditors have decreased by 100% after one year, suggesting improved debt management. Retained earnings have increased by 110% to £14,000. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, the accounts are unaudited and exempt from an auditor’s report.

Despite the challenges, Castle Trading’s focus on luxury serviced apartments and its online presence suggest a commitment to providing high-quality accommodations. The company's ability to navigate the current financial pressures will be key to its long-term success.

Registered in England/Wales under the registration number 01552567, with a registered address at NW6 4BT, England, London, Lewis House, 258 Belsize Road.

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