Lagg Trading Limited

Lagg Trading Limited, based in Brentwood, UK, is a small, active company founded four years ago. With two employees and £270,496 in assets, it operates as a solo-founder venture under the direction of Yucel Ali Nehir. The company is registered at a real address and functions as a regular importer, specializing in furniture, lighting, and prefabricated buildings – with six months of import activity recorded. Its website highlights trade consultancy services and positions itself as a partner in UK-Turkey commerce.

Beyond its import activities, Lagg Trading Limited engages in a diverse range of industries, including retail sales, equipment rentals, and business support services. The website features a professional, service-oriented design, emphasizing its expertise in international trade. It’s a small company, meeting two of three criteria for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Lagg Trading Limited presents a mixed picture. Cash bank on hand has seen a substantial increase of 190%, jumping to £200,000, while current assets have also risen by 25%, reaching £270,000. However, debtors have dramatically decreased by 94%, dropping to just £340, and retained earnings have increased by 85%, reaching £100,000. Creditors have also increased by 15%, reaching £180,000. The company’s net assets have increased by 85%, reaching £100,000. The sharp decrease in debtors could indicate improved collection efforts or a shift in sales patterns, though it’s also possible that customers are taking longer to pay. The increase in creditors suggests the company is utilizing credit to manage its operations. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 13321599, with a registered address at CM15 0LB, England, Brentwood, Unit 9 The Granary, Langford Court, Ongar Road, Kelvedon Hatch.

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