Devor Trade Ltd

Devor Trade Ltd, based in London, UK, is a small, active company established in 2023. It employs 16 people and holds £340,000 in current assets, a significant increase from just £31,000 the previous year. The company, registered in England and Wales, operates from an office in Ludgate Hill and is led by two directors, Viktoriia Olenchenko and Denys Voroshkevych. It specializes in the wholesale and retail of high-quality sunflower oil, sourced from ecologically clean regions of Ukraine.

The company's website, devortrade.com, is primarily an e-commerce platform showcasing their sunflower oil and related products, including sunflower oil, tomato sauces, and mayonnaise. The site emphasizes quality, nutritional value, and competitive pricing, with sections dedicated to "About Us," "Shop Now," and customer support. The site has a shopping cart and "View Cart" functionality, but there were some errors encountered during testing. The company also provides free shipping and aims for the lowest prices and best quality.

Financially, Devor Trade Ltd presents a complex picture. While current assets have soared by 1000%, reaching £340,000, net assets have plummeted by 560%, ending at a negative £330,000. This indicates a substantial increase in liabilities. Creditors have ballooned by 160% within a year, reaching £210,000, while trade debtors have increased dramatically, now standing at £90,000. Cash reserves have seen a remarkable jump, rising by 5100% to £11,000. The company’s retained earnings and accumulated losses are also significantly negative. Despite these challenges, the substantial increase in cash suggests the company has recently secured funding or improved its cash flow management. The accounts are abridged and unaudited, and there's no mention of an auditor, which is common for small companies. The company's foreign currency translation policy is to recognise transactions at the rate of exchange ruling at the date of the transaction.

Registered in England/Wales under the registration number 14408770, with a registered address at EC4M 7JN, United Kingdom, London, Office 7 35-37 Ludgate Hill.

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