Cottonmount Trading Ltd

Cottonmount Trading Ltd, based in Mallusk, UK, is a small holding company with an active status. Founded seventeen years ago in 2008, it employs twenty people and holds £3,720,560 in assets. The company has two directors and two owners, and its registered address is real, with only one other company registered at that location. Cottonmount Trading Ltd is a regular importer, specializing in footwear and related items, with a history of imports stretching back sixteen months, though the last recorded import was in August 2017.

The company operates in the wholesale of clothing and footwear industries. Its website is non-existent, which is not surprising given its small size. It meets the criteria to be considered a small company, having turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Cottonmount Trading Ltd’s picture is mixed. Accumulated amortisation for intangible assets increased by 56%, likely due to software investments, while depreciation on property and equipment rose by 52%, reflecting wear and tear. Bank borrowings decreased by 39%, a positive sign of improved debt management. However, creditors also decreased, suggesting a reliance on suppliers. Cash reserves increased by a substantial 74%, indicating better liquidity. Average employees increased by 15%, which is a little concerning. Net assets increased by 2.8%, which is a good sign. The company’s unaudited financial statements, prepared using CCH Software, don't mention an auditor. It’s clear that the company is not burning through cash, but it’s also not showing explosive growth.

Registered in Northern Ireland under the registration number NI068444, with a registered address at BT36 4WW, United Kingdom, Mallusk, Newtownabbey, 3 Cloughmore Road.

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