Julitrade Ltd

Julitrade Ltd from Hornchurch UK: small company, active status, founded 2 years ago, £289 assets, real address, 1 director, 1 owner, solo founder. This small enterprise, operating in the retail sector, is a relatively new player in the UK market. Founded in November 8 2022, it’s a solo venture led by Opio Juliet Awor, who serves as both director and owner. The company’s registered address is RM12 4NQ, United Kingdom, Hornchurch, 1 Woburn Avenue, and the fact that only one other company shares this address suggests a genuine, real-world presence.

Julitrade Ltd’s website showcases a diverse range of products, primarily focused on office furniture and industrial safety equipment. It’s clear the company operates an e-commerce business, selling high-back office chairs, safety shoes, and other related items through its online store. The site also features a blog with content on topics like military boots and insulation bricks, indicating a broader scope of sourcing and potential target markets. It seems to be a trading company importing goods from China, with a focus on industrial supplies.

Financially, Julitrade Ltd presents a concerning picture. While it’s a small company meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets are a negative £4,200. Cash reserves are a meager £290, and creditors stand at £4,500. The lack of employee data (zero reported) suggests a very lean operation, likely run solely by the founder. The unaudited accounts, typical for small companies exempt from audit, rely on the director’s reporting. It’s clear the business is burning through cash, and while it’s early days, the negative equity is a significant red flag. It's a little worrying, to be honest.

Registered in England/Wales under the registration number 14480580, with a registered address at RM12 4NQ, United Kingdom, Hornchurch, 1 Woburn Avenue.

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