Corinthian Trading Ltd

Corinthian Trading Ltd from London UK: a small, active company founded two years ago, employs just one person, and holds a modest £10 in assets. It operates from a virtual address, is managed by a single director and owner – a solo founder – and is registered with Companies House. The company’s activities center around retail sales via mail order and the internet, as evidenced by its website.

The website, Corinthian Foods, focuses on surplus food. It’s a B2B platform connecting food suppliers with buyers, offering wholesale food at discounted prices. The site highlights benefits like protected outlets, traceable custody chains, and a commitment to reducing food waste. It serves 48 states, operates with 1,000 outlet partners, and boasts 38 years of experience in the frozen food industry. The site clearly aims to be a leader in the surplus food market, offering services to both sellers and buyers.

Financially, Corinthian Trading Ltd presents a concerning picture. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), its net assets are a negative -£1,000. This means the company owes more than it owns. Bank borrowings are stable at £1,000, but cash reserves are also negative. Trade debtors and creditors are both at £10, suggesting a balance, but the overall trend points to a company struggling to generate profit. The lack of an auditor, typical for a small company, means the figures are unaudited. It’s possible the company is burning through cash to grow its business, but the current trajectory suggests a need for careful management.

Registered in England/Wales under the registration number 14528128, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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