Compass Multi Culture Ltd

Compass Multi Culture Ltd, based in Bilston, UK, is a small, active company founded twelve years ago in 2013. With four employees and £98,493 in assets, it operates from a real address and is overseen by one director and owner. The company’s status is active. It’s an irregular importer of various textile products, sets, used clothing, and rags, with the last import operation occurring two months ago in February 2022. Conversely, it’s an irregular exporter of machinery, boilers, and mechanical appliances; parts, with the last export operation taking place in April 2022.

The company’s website is unavailable, so it’s difficult to determine the specifics of its operations beyond the import/export data. However, it operates in the agents involved in the sale of a variety of goods, the other transportation support activities, the market research and public opinion polling, the other retail sale in non-specialised stores industries.

Financially, Compass Multi Culture Ltd presents a mixed picture. Current assets have increased significantly by 130%, reaching £98,000, while net assets have dramatically improved, rising by 150% to £19,000. This is a positive trend, reversing a previous loss of £36,000. Bank borrowings have decreased by 37%, falling to £8,500, suggesting improved debt management. However, trade debtors have also increased substantially by 140%, reaching £46,000, which could indicate delayed payments from customers. Cash reserves have seen a massive increase of 1100%, reaching £28,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in trade debtors warrants monitoring. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s director, Wang Nan, is also the sole director.

Registered in England/Wales under the registration number 08494088, with a registered address at WV14 7LH, England, Bilston, Unit 2 Barton Park Industrial Estate,, Mount Pleasant.

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