Heathside Trading Limited

Heathside Trading Ltd, based in Blackburn, UK, is a sizable company with an active status, having operated for 19 years. Employing 41 people, the company holds £13,339,846 in assets and operates from a real address, managed by two directors and a single owner. It runs an e-commerce site and has a respectable Google rating of 4.0 based on 30 reviews. The company regularly imports and exports toys, games, and sports equipment, with 585 months of import activity and 372 months of export activity recorded.

The company's website highlights its role as a wholesale and clearance supplier, offering a wide range of products including toys, games, homeware, stationery, and books. It caters to trade customers, emphasizing competitive pricing and a large inventory. The site features a newsletter signup for updates on new stock arrivals and a trade account registration process. A dedicated section showcases new arrivals, with a selection of items like Jujutsu Kaisen capsules and Dragonball Z figures.

Financially, Heathside Trading Ltd shows some interesting trends. While net assets increased by a substantial 83%, reaching £9,200,000, bank borrowings dramatically decreased by 100%, eliminating the debt. Cash reserves, however, surged by an astonishing 810,000%, reaching £4,000,000. Trade debtors also decreased by 20%, suggesting improved collection practices. However, creditors increased by 120%, reaching £34,000, which could be a result of increased purchasing to support sales. The company's size (meeting two of three criteria for a large company) and the absence of an auditor (likely exempt due to its size) mean the figures are unaudited.

The company’s increased cash reserves are a positive sign, but the rise in creditors warrants monitoring. The company’s focus on wholesale and clearance suggests a strategy of moving large volumes of goods, and the website’s emphasis on trade accounts indicates a business-to-business model. The lack of mention of a specific auditor suggests a reliance on internal financial controls, which is common for companies of this size.

Registered in England/Wales under the registration number 05643603, with a registered address at BB1 2QE, England, Blackburn, Lancashire, Unit 6, Walker Park, Guide.

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