Go Trading Ltd
- Small
- Active
- 7 years
- Accounts overdue 8 months
- £18,261 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Go Trading Ltd, based in Cardiff, UK, is a small, active company founded seven years ago in November 2017. The company, with a real address and just one director and owner (a solo founder), holds £18,261 in assets. It operates in the retail sale via mail order houses or via internet industries. Accounts are currently overdue by seven months.
The company’s website is minimal, offering little insight into its operations beyond its core business. It seems to focus on online retail, but lacks detailed product listings or a clear brand identity. It’s difficult to tell if they are running an e-commerce site, but it’s likely.
Financially, Go Trading Ltd presents a mixed picture. Net assets liabilities are at -£31,000, a slight decrease from the previous year. Cash bank on hand has also decreased by 3.6% to £12,000. Bank borrowings remain steady at £50,000, but creditors have decreased slightly. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests ongoing financial pressure. The accounts are unaudited and classified as "filleted," meaning they are simplified and lack detailed explanations. There is no auditor mentioned. The company has been operating for a while, but it's clear that it's not generating significant profits. The company’s director, Pawel Magiera, seems to be holding the business together, but the long overdue accounts and negative equity are concerning.
Registered in England/Wales under the registration number 11063568, with a registered address at CF14 8LH, Cardiff, 11063568 - COMPANIES HOUSE DEFAULT ADDRESS.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Magiera Pawel
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Magiera Pawel
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Address of person with significant control Mr Pawel Magiera changed to 11063568 - Companies House Default Address, PO Box 4385, Cardiff, CF14 8LH on 2024-11-15Download 1 page pdf report
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Address of officer Mr Pawel Magiera changed to 11063568 - Companies House Default Address, PO Box 4385, Cardiff, CF14 8LH on 2024-11-15Download 1 page pdf report
-
Compulsory strike-off action has been suspendedDownload 1 page pdf report
FAQ about Go Trading Ltd
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