Direct Go Trading Ltd

Direct Go Trading Ltd from Birmingham UK: a small, active company founded eight years ago, employs four people, and holds £308,150 in assets. It’s a private limited company with a real address, overseen by one director and one owner. The business regularly imports toys, games, and sports equipment, with 11 months of import activity recorded, the latest operation in December 2024.

The company’s activities encompass a diverse range: acting as agents for various goods, managing warehousing and storage, providing transportation support, and even participating in postal services. It’s a bit of a mix, really. While it doesn's have a website to analyze, it’s clear they’re involved in facilitating trade and logistics.

Financially, Direct Go Trading Ltd presents a mixed picture. Current assets have increased by 9.7% to £310,000, which is good. However, net assets have decreased by 9.4% to £16,000, and bank borrowings have increased by 0.55% to £63,000. Creditors have also seen a significant change, with a 9300% increase to £110,000 within one year. Cash reserves have fallen by 76% to just £600. The company meets two of three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited and were prepared by PDF Accountants Ltd.

The substantial increase in creditors suggests a need to manage debt more effectively, and the drop in cash reserves could be a cause for concern. It’s possible the company is investing in growth, but careful monitoring of its financial health will be important. The director, Huang Ziqi, seems to be steering the ship, and hopefully, the company can navigate these challenges and continue its trading activities.

Registered in England/Wales under the registration number 10396196, with a registered address at B16 8QG, England, Birmingham, Cobalt Square Suite 2a 6 Floor Cobalt Square, 83-85 Hagley Road.

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