Clugston International Trading Limited

Clugston International Trading Ltd from Gainsborough UK: small company, holding company, active status, founded 9 years ago, 3 employees, £374,282 assets, real address, 1 director, 1 owner. Irregular importer of vehicles, parts, and accessories (not for trains or trams) (1 months imported). Regular exporter of vehicles, parts, and accessories (not for trains or trams) (95 months exported). It’s a small, active holding company based in Gainsborough, UK, with a real address and a modest team of three employees. Founded in 2016, the company holds £374,282 in assets and is led by one director and owner. While it’s a holding company, Clugston International Trading Ltd engages in both importing and exporting vehicles, parts, and accessories—excluding those for trains or trams.

The company’s import activity is somewhat sporadic, with just one month of recorded imports as of September 2024. However, it’s a regular exporter, with 95 months of export activity, and the last operation was made on November 2024. The company operates in the other transportation support activities industries.

Financially, Clugston International Trading Ltd shows some interesting trends. Current assets have increased by a significant 92% to £370,000, while net assets have also risen substantially by 110% to £110,000. Bank borrowings have decreased by 44%, reaching £7,500, and cash reserves have increased by 19% to £29,000. Creditors have increased dramatically by 430%, reaching £110,000. The company meets the criteria for a small company—with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and the figures are unaudited.

The increase in creditors suggests the company may be leveraging trade credit to fuel its operations, which is not unusual for growing businesses. The company's financial statements are audited by Versant Associates LLP. It’s possible that the recent increase in creditors is a result of increased business activity, but it’s also worth monitoring to ensure the company maintains healthy payment terms.

Registered in England/Wales under the registration number 09997065, with a registered address at DN21 5BS, England, Gainsborough, The Old Rectory High Street, Fillingham.

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