Mextrade Ltd

Mextrade Ltd, based in Sutton, UK, is a small, active company established sixteen years ago. With seven employees and £431,168 in assets, it’s a modest operation run by two directors and two owners. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating based on 26 reviews. It’s a regular importer, specializing in prepared or preserved plant-based foods, with 141 months of import activity recorded, the latest in February 2025.

The company’s website, Mextrade Mexican Food, showcases a wide range of Mexican ingredients, cookware, and spices, catering to both home cooks and commercial kitchens. It highlights a focus on authentic Mexican flavours and sources products from leading brands like La Costea. The site also features a blog with recipes and articles about Mexican cuisine, demonstrating a commitment to educating and engaging customers. It’s clear the business is passionate about bringing a taste of Mexico to the UK.

Financially, Mextrade Ltd presents a mixed picture. While current assets increased by 14% to £430,000, net assets surged a significant 51% to £470,000, indicating improved equity. However, cash reserves declined 75% to £47,000, and trade debtors ballooned by 170% to £310,000—suggesting potential issues with customer payments. Bank borrowings increased by a substantial 2,400% to £29,000, which could be a result of expanding operations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp increase in debt warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Mextrade Ltd seems to be growing, but the increased debt levels and declining cash reserves suggest it’s burning through money. Whether this is a temporary phase or a longer-term challenge remains to be seen, but the company’s strong Google rating and focus on authentic Mexican products position it well for continued success.

Registered in England/Wales under the registration number 06906910, with a registered address at SM3 9BL, England, Sutton, Surrey, Unit 11 Io Centre, Minden Road.

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