Fba Trading Ltd

Fba Trading Ltd, based in Manchester, UK, is a small, active company founded six years ago. With a single employee and £12,803 in assets, it operates from a virtual address – a detail flagged by the registration of fifty-nine other companies at the same location. Dean Joseph Michael is both the director and owner, acting as the solo founder of this limited company.

The company specializes in sourcing and supplying products to independent retailers across the UK, offering a range of services including access to popular brands, trend forecasting, and continuous supplier negotiations. Its website, A2Z Product Sourcing, highlights its mission to empower smaller businesses by providing access to market-leading products at competitive prices. It's clear the company focuses on bulk procurement and fostering strategic partnerships with major suppliers, aiming to redefine retail excellence for businesses of all sizes.

Financially, Fba Trading Ltd’s recent report shows some concerning trends. Accumulated amortisation for intangible assets increased by 28%, and depreciation for plant and machinery rose by 21%, suggesting ongoing investment in the business. However, cash bank on hand improved by 78%, which is a positive sign. Creditors decreased slightly, but the most significant change is a 43% drop in current assets, falling to £13,000. Debtors have also decreased significantly, by 56%, which could indicate issues with collecting payments. Equity has declined by 7.4%, and net assets are down to £-20,000. It's important to note that the company is small, meeting two of three criteria for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), and the report is unaudited.

While the company appears to be actively pursuing growth through its sourcing services, the financial data suggests it’s burning through cash. The decrease in assets and the negative equity raise questions about its long-term financial health, though the increase in cash reserves offers a glimmer of hope. It’s likely the company is navigating the challenges common to small, growing businesses, and the success of its sourcing model will be key to its future stability.

Registered in England/Wales under the registration number 11811304, with a registered address at M26 1LS, England, Manchester, 5-7 New Road, Radcliffe.

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