Martial Arts Trading Nw Limited

Martial Arts Trading Nw Ltd from Manchester UK: a small, active company founded nine years ago, is facing some financial headwinds. With six employees and £71,603 in assets, the company operates an e-commerce site and boasts a stellar 5.0 Google rating from eight reviews. It regularly imports and exports clothing and accessories (excluding knitted or crocheted items), with 43 months of import activity and 12 months of export activity recorded.

The company’s website highlights its role as the official retailer for the UK Taekwondo Council (UKTC), stocking everything students need, from uniforms and protective equipment to training aids and branded clothing. It’s a niche market, and the website’s professional design and clear product categories suggest a focus on customer service and a well-defined brand.

However, the financial data paints a more complex picture. While the company is small (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has taken a significant hit, dropping 6.9% to -£36,000. Cash reserves have plummeted 63%, leaving just £29,000 on hand. Bank borrowings have increased by 28%, reaching £50,000, and creditors have also risen by 28% to £50,000. It seems the company is burning through cash.

The drop in current assets, falling 66% to £72,000, is also concerning. While bank overdrafts remain steady at £100,000, the overall trend suggests the company is struggling to manage its short-term liabilities. No auditor is mentioned, which is common for small, exempt companies. The company’s reliance on retained earnings, currently at -£36,000, means it’s operating at a loss and needs to find ways to improve profitability. Tighe James Nicholas is both the director and owner, and it’s likely he’s working hard to keep the business afloat.

Registered in England/Wales under the registration number 10004475, with a registered address at M17 1AY, England, Manchester, Unit Ht3 Westbrook Road, Trafford Park.

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