Fair Commerce Ltd

Fair Commerce Ltd from Southport UK: a small, active company founded three years ago, holds £172,455 in assets, and operates from a real address. It’s a solo-owned and director-led operation, importing various textile products, sets, used clothing, and rags – with just one month of import activity recorded as of September 2024. The company is registered as operating in the other retail sale in non-specialised stores industries.

The business appears to be an irregular importer, focusing on textiles and clothing. While a website isn's available, it’s likely that Fair Commerce Ltd operates through online marketplaces or direct sales, given the nature of its imports. It’s a small operation, meeting two of three conditions to qualify as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Fair Commerce Ltd presents a mixed picture. Cash bank on hand has decreased by 37%, falling to £24,000, while creditors have increased by 15%, reaching £140,000. Total inventories have seen a significant jump of 57%, rising to £150,000, suggesting a build-up of stock. Trade debtors have plummeted by 99%, leaving just £160, remaining, which could indicate a shift in payment terms or difficulties collecting from customers. Equity has also decreased slightly, by 1.3%, to £33,000. The lack of employees (zero reported) suggests a lean operation, and with no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Fair Commerce Ltd seems to be navigating a period of change. The increased inventory and rising creditors could indicate a need to manage cash flow more effectively, but the company's small size and active status suggest it’s resilient. The owner, Martin Shuzhen, has recently updated both the director and owner lists, which is a good sign.

Registered in England/Wales under the registration number 13753798, with a registered address at PR9 8DE, England, Southport, Merseyside, Unit 17 Dalweb Industrial Estate, Banks.

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