East West Traders Limited

East West Traders Ltd from Edlingham Street UK is a small company with an active status, founded 23 years ago. It employs 15 people and holds assets worth £1,601,267. The company has a real address, is managed by two directors, and has one owner. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 175 months of import activity recorded.

The company operates in the wholesale of china and glassware and cleaning materials, the wholesale of furniture, carpets and lighting equipment, and the wholesale of watches and jewellery. Its website details a range of services, including IT services, digital marketing, and the supply of electronic equipment. It offers expertise in areas like backend development, mobile app creation, and content marketing. The site also showcases a pricing policy with options like fixed pricing and consumption-based pricing. It’s clear they’re aiming to provide comprehensive solutions for businesses seeking to grow online.

Financially, East West Traders Ltd shows some concerning trends. Current assets remained flat at £1,600,000, but trade debtors decreased by a significant 33%, dropping to £150,000. This could indicate issues with collecting payments from customers. Bank borrowings increased by 6.5%, reaching £810,000, while cash reserves also decreased by 6.5%. Equity also declined slightly, dropping to £2,800,000. 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 decrease in debtors and cash warrants attention. No auditor is mentioned, which is typical for companies of this size and likely means the accounts are unaudited.

Overall, East West Traders Ltd seems to be navigating a period of change. While it maintains a broad range of services and a real-world presence, the financial data suggests some challenges in managing cash flow. It will be interesting to see how the company adapts to these pressures and whether its diverse offerings can sustain growth.

Registered in Northern Ireland under the registration number NI041725, with a registered address at BT15 2JY, Edlingham Street, Belfast, Unit D, Duncairn Business Park.

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