L. P. Trading Limited

L. P. Trading Limited is a small, active company from Bath, UK, founded eighteen years ago. It boasts £113,106 in assets, operates from a real address, and is managed by three directors and two owners. It’s a family business specializing in retail sales via mail order and internet.

The company’s website, Vorto Trading Ltd, focuses on currency exchange services. It offers a wide range of currency capabilities, supporting over 150 different currencies and providing services like multi-currency accounts and currency management. They also offer value-added services such as citizenship services, property search, and concierge services. The site prominently displays a list of currencies, from AED to ZMW, indicating a global reach. They also have a partner program, encouraging referrals and emphasizing a "win, win, win" philosophy. The website’s design is modern and visually appealing, with a focus on ease of use and accessibility.

Financially, L. P. Trading Limited’s numbers present a mixed picture. Cash bank on hand increased significantly by 540%, reaching £26,000, while current assets grew by 13% to £110,000. However, bank borrowings increased by 2.3% to £40,000. Equity also saw a healthy increase of 62%, reaching £7,800. Trade debtors decreased by 9.2% to £87,000. The company is classified as small, meeting two of three conditions for size (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The accounts are unaudited and are filleted, meaning they are exempt from a full audit. There is no auditor mentioned.

Overall, L. P. Trading Limited appears to be a growing, albeit small, business navigating the complexities of the currency exchange market. The increase in cash reserves and equity is encouraging, but the increase in bank borrowings warrants monitoring.

Registered in England/Wales under the registration number 06081205, with a registered address at BA1 6JT, England, Bath, 134 Fairfield Park Road.

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