Cg Trading Solutions Ltd

Cg Trading Solutions Ltd from Plymouth UK is a small, active company founded five years ago. With £101,338 in assets and a virtual address, it’s a family business run by two directors and two owners. The company operates in the retail sale via mail order houses or via internet industries.

The business’s website is minimal, indicating a straightforward e-commerce operation. There’s no elaborate branding or extensive product catalog, suggesting a focus on a specific niche or a limited range of goods. Given the lack of detail, it's difficult to determine the exact nature of the products sold, but the business likely caters to online shoppers seeking convenience and value.

Financially, Cg Trading Solutions Ltd presents a mixed picture. While cash reserves increased by 60% to £80,000, creditors jumped significantly by 210% to £62,000—a worrying trend. Trade debtors also increased dramatically, rising by 1500% to £2,100, which could indicate issues with customer payments. The company’s net assets declined slightly by 6% to £41,000. Despite these challenges, the business appears to be managing its assets, with property, plant, and equipment increasing by 22% to £7,700. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rising debt levels warrant attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s workforce has increased to two employees, a significant change from zero reported previously. This suggests a move towards greater operational capacity, but also increased expenses. The company’s financial statements were prepared using VT Final Accounts software and are compliant with FRS 102.

Registered in England/Wales under the registration number 12004849, with a registered address at PL1 2AS, England, Plymouth, 4-5 Russell Court, Palace Street.

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