Microtrade Limited

Microtrade Limited is a small, active company based in Eccles, Manchester, UK, established 28 years ago in 2007. With £85,627 in assets and a real registered address, it employs just two people and is overseen by two directors and one owner. The company operates in the other professional, scientific and technical activities n.e.c. industries. It’s a regular importer of natural and modified starches, glues, and enzymes, with three months of import activity recorded, the last in November 2023. It also exports miscellaneous chemical products, although this is irregular, with just one month of export activity recorded as of June 2016.

The company’s website, microtradetrading.com, positions itself as a global distribution solutions provider, specializing in sourcing and financing hand tools, machinery, and outdoor furniture from the Far East, particularly China, Taiwan, Hong Kong, and Indonesia. It highlights over 30 years of experience and focuses on serving clients in the UK and Europe. The site doesn's offer direct e-commerce, instead acting as a sourcing and financing hub.

Financially, Microtrade Limited is showing some concerning trends. Current assets have decreased by 13%, falling to £86,000, while net assets have plummeted 67%, down to £32,000. Cash bank on hand has also fallen by 7.1%, now at £77,000. Creditors have increased dramatically, by 940%, reaching £56,000. Trade debtors have also decreased significantly, by 74%, to just £2,300. 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 sharp equity drop and increased creditors raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Microtrade Limited appears to be facing financial pressures, despite its experience and niche focus. The company’s reliance on sourcing and financing, rather than direct sales, may be contributing to these challenges. Whether it can navigate these pressures and maintain its position in the global market remains to be seen.

Registered in England/Wales under the registration number 03317816, with a registered address at M30 9LD, England, Manchester, 4 Poplar Road, Eccles.

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