Fibre Trade Ltd

Fibre Trade Ltd, based in Coalville, UK, is a small, active company established just one year ago. With two employees and £409,373 in assets, it operates from a virtual address – a detail flagged by the registration of forty-seven companies at the same location. The company is led by two directors and two owners, though the list of owners hasn's changed in a year.

The business primarily focuses on importing plastics and plastic products (three months of activity) and exporting wood pulp or other plant-based fiber materials (five months of activity). It also operates in the remediation activities and other waste management services industries. While it doesn’s have a website, its activities suggest a trading company focused on sourcing and distributing raw materials.

Financially, Fibre Trade Ltd presents a mixed picture. Current assets remain steady at £410,000, and cash reserves are a solid £210,000. However, the company’s equity has dropped to just £7,300, and net losses have deepened. Trade debtors have increased to £200,000, which could indicate challenges in collecting payments. Creditors have also risen to £410,000, and bank borrowings have increased to £29,000. 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 decline in equity warrants closer attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 14997878, with a registered address at LE67 5GQ, United Kingdom, Coalville, Leicestershire, Office 5, The Forest Rock Offices Leicester Road, Whitwick.

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