Euro Trade 2007 Ltd

Euro Trade 3007 Ltd, based in London, UK, is a small, active company founded just one year ago. With three employees and £1,372 in assets, it operates as a solo-founded e-commerce site. The company has one director and one owner, and is registered at a real address. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, arceurotrade.co.uk, is dedicated to selling engineering tools, specifically lathe milling machines and model engineering supplies. The site offers a range of products, including abrasives, bearings, chucks, cutting tools, and machine accessories. It also features bundle offers, like the SX2PG, SX3, and SX3.5ZP mill bundles, which include free accessories. The site also has a forum, articles, and a projects section, indicating a community focus. It seems to be a well-established online retailer catering to a niche market.

Financially, Euro Trade 2007 Ltd presents a concerning picture. Equity is negative at -£780, and net assets and liabilities are also at -£680. Cash bank on hand is a mere £110, and current assets are only £1400. Creditors are £2100 and other creditors are £2000. While the company is likely exempt from an audit as a small entity, the negative equity and low cash reserves suggest it’s burning through money. The lack of employee reporting (only three reported) could indicate a lean operation, but it also raises questions about the company's ability to sustain growth. It's possible the business is still in its early stages and facing typical startup challenges, but the numbers don't look good.

Registered in England/Wales under the registration number 14878703, with a registered address at E6 1NH, England, London, 30 Winter Avenue.

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