Major Trading Co. Ltd

Major Trading LLC, based in Frisco, Texas, is a small, active company founded 23 years ago in 2002. With £609,424 in assets and a real registered address, it’s a company run by two directors and one owner. The business operates a wholesale trade of motor vehicle parts and accessories, with a website showcasing a wide range of products and services, from office supplies to gym equipment. It’s a regular importer of machinery, boilers, and mechanical appliances; parts, with 8 months of import activity recorded, the latest in March 2024. It’s also a regular exporter, with 3 months of export activity recorded, the latest in November 2022.

The company’s website highlights its commitment to prompt response, professional packaging, and vigilant monitoring of shipments. It caters to a diverse clientele, including embassies and commercial entities, and partners with brands like Dell, Cisco, and Samsung. The website also mentions a vision of expanding into Nepal, suggesting ambitions beyond its current US-centric operations. It’s a multipurpose trading company, aiming to meet 100% of its customers’ needs and exceed business growth objectives.

Financially, Major Trading LLC presents a mixed picture. Current assets increased by 18% to £610,000, while net assets increased by 6.1% to £820,000. Bank borrowings decreased significantly, dropping 100% to zero. Cash reserves increased by 21% to £140,000. Creditors decreased by 26%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the changes in bank borrowings are worth noting. The company’s financial statements are unaudited, likely due to its status as a small company.

The company’s increased cash reserves and decreased creditors are positives, but the fluctuations in bank borrowings warrant further investigation. Overall, Major Trading LLC appears to be holding its own, leveraging its diverse product range and customer base to navigate the competitive wholesale market.

Registered in England/Wales under the registration number 04408015, with a registered address at HA9 0AT, Wembley, Middlesex, Unit 39 Stadium Business Centre, North End Road.

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