Iot Trading Ltd

  • Small
  • Active
  • 6 years
  • 2 employees
  • £27,715 (assets)
  • Real address
  • 1 director
  • 1 owner

Field of Operation

Retail sale via mail order houses or via Internet
47910 204062 companies

Summary

IOT Trading Ltd, based in Salford, UK, is a small, active company founded six years ago. With two employees and £27,715 in assets, it operates from a real address and is led by one director and owner. The company’s core business revolves around retail sales via mail order and internet, but its website reveals a broader scope: providing smart farming solutions.

IOT Trading Solutions caters to the agriculture industry, offering a range of products and services including sensors, software, robotic farm machinery, and clean energy solutions. The website highlights the company's global reach, importing technologies directly to business partners and focusing on providing reliable service in diverse climates. They emphasize the growth potential of smart agriculture, aiming to help farmers increase production and efficiency through data-driven decision-making. The company also provides clean energy solutions like photovoltaic solar panels and biogas production, aiming to reduce operational costs and carbon footprints.

Financially, IOT Trading Ltd presents a mixed picture. Current assets have increased by 13% to £28,000, while bank borrowings decreased by 17% to £16,000. Cash reserves are up 7% to £6,700. However, creditors have significantly risen by 490% to £6,900 within the last year, and net losses deepened. 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 agility, but the increase in creditors suggests a need for careful financial management. As a small company, the accounts are unaudited, relying on director-reported data.

The company’s focus on smart agriculture and clean energy solutions positions it within a growing market, but its financial health will be key to its long-term success.

Registered in England/Wales under the registration number 11944949, with a registered address at M6 6EL, England, Salford, Unit 1 Merlyn House, Merlyn Road.

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

Owners & PSC

  • Riaz Muhammad
  • 6 years
  • psc

Managers

Businessman

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Total exemption full accounts made up to 2024-04-30
  2. Change of details for Mr Muhammad Husnain Riaz as a person with significant control on 2024-04-02
  3. Confirmation statement made on 2024-04-12 with no updates

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