Maxtrading Limited

Maxtrading Limited is a small, active company based in Barking, UK, established five years ago in 2019. It’s a solo-founded operation with one director and owner, employing a single person and holding £70,436 in assets. The company operates from a real address and is a regular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with import activity spanning 11 months, the last operation in April 2021.

The company’s website reveals a focus on scrap metal trading, with a particular emphasis on ferrous and non-ferrous materials, as well as mining minerals. It operates an e-commerce platform, 174 PPE, selling personal protective equipment and site supplies. The site is well-designed and offers a range of products, catering to commercial and industrial customers. It also provides services like trading and distribution, risk management, and sourcing procurement. The website mentions Linkedin and quick links to About Us, Contact Us, Careers, and Products.

Financially, Maxtrading Limited shows a mixed picture. Current assets remain steady at £70,000, while bank borrowings are stable at £41,000. Cash on hand is £6,200. However, net assets are just £360, and creditors are £41,000. Debtors are £38,000. The company meets two of three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are described as "filleted accounts" and were prepared using Taxfiler software. There is no auditor mentioned, which is likely due to the company’s small size and exemption from audit. The accounts are unaudited.

Overall, Maxtrading Limited seems to be managing its finances adequately, but the low net assets and reliance on bank borrowings suggest it’s operating on a tight margin. The company's diverse activities—scrap metal trading, PPE sales, and mining minerals—indicate a willingness to explore different revenue streams, which could be beneficial for long term stability.

Registered in England/Wales under the registration number 12048577, with a registered address at IG11 0EQ, England, Barking, Unit C Atcost Road, Anglian Industrial Estate.

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