Elite International Partners Ltd

Elite International Partners Ltd is a small, active company based in London, UK, founded eleven years ago in 2013. With just one employee and £96,263 in assets, it operates from a virtual address shared by a staggering 28,646 other companies, a bit unusual, isn't it? The company is led by a single director and owner, Summers Christopher, and runs an e-commerce site. It regularly imports toys, games, and sports equipment, with the last recorded import activity three months ago in July 2022.

The company’s website, Elite Global Partners, positions itself as a facilitator for brands seeking global expansion, offering expertise in offline retail and online marketplaces. It provides marketing research, global marketing and sales solutions, consulting, and sourcing solutions. They even have offices in India and China, which is impressive for a company of this size. They’re clearly focused on helping brands go global, which is a pretty ambitious goal.

Financially, Elite International Partners Ltd shows a bit of a mixed bag. Current assets decreased by 11%, dropping to £96,000, while net assets plummeted 140%, ending at a negative £2,900. Equity has taken a hit, with retained earnings and accumulated losses showing a significant decline. Cash bank on hand also decreased by 17%, sitting at £57,000. Trade creditors decreased slightly, suggesting a bit of improvement in managing debts. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's exempt from an audit, so the figures are unaudited.

While the company’s website projects a global reach and a focus on helping brands expand internationally, the financials reveal a company struggling to maintain a positive equity position. Whether the company can sustain its operations and achieve its ambitious goals remains to be seen—but for now, Elite International Partners Ltd is betting on its global expertise and connections to turn things around.

Registered in England/Wales under the registration number 08648999, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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