Citrade Ltd

Citrade Ltd, based in Dorking, UK, is a small, active company founded 17 years ago. With £177,336 in assets and a real address, it’s a solo-founded operation run by a single director and owner. The business operates an e-commerce site and has a solid 4.0 Google rating from 29 reviews. It’s a regular importer of electrical machinery and equipment, with 8 months of import activity recorded, the latest in March 2025.

The company’s website, Citrade Ltd, focuses on wholesale car accessory sales. It operates as an online warehouse, offering a wide range of LED bulbs, wiper blades, and other auto parts. The site caters to customers in multiple European countries, offering prices in PLN and supporting various currencies. It’s clear they are trying to build a strong online presence, with detailed product listings and a focus on bulk orders.

Financially, Citrade Ltd shows some concerning trends. Current assets dropped by 12% to £180,000, while net assets plummeted 35% to just £36,000—a significant decline. Bank borrowings surged by 12% to £38,000, and cash reserves fell 100% to zero. Creditors decreased by 12%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like the company is struggling to maintain its cash flow, despite managing its debts. Whether this is a temporary setback or a longer-term challenge remains to be seen, but for now, Citrade Ltd is betting on its online wholesale business to turn the tide.

Registered in England/Wales under the registration number 06408688, with a registered address at RH4 3PJ, Dorking, Surrey, Unit 1b Chapel Lane, Westcott.

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