Monterrey Trading Ltd

Monterrey Trading Ltd is a small, active company registered in Kington, UK, founded four years ago in September 2020. The company, with just one employee and £1 in assets, operates from a virtual address shared by 158 other companies. It’s led by a single director and owner, Godina Carrasco Armando, who also acts as the solo founder. The company's activities revolve around retail sales via mail order and internet, and it’s classified as a small entity, meeting two of three criteria for size (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees).

The company’s website, while minimal, highlights a focus on retail and online sales. There’s no indication of a sophisticated e-commerce platform or a large inventory, suggesting a potentially niche or specialized offering. The lack of detailed product information or customer testimonials points to a more basic online presence, perhaps relying on direct marketing or wholesale partnerships.

Financially, Monterrey Trading Ltd presents a concerning picture. Current assets have plummeted by a staggering 100%, leaving only £1 remaining. Net assets have also decreased significantly, now at -£12,000. Cash bank on hand has dropped by 99%, leaving just £1. Liabilities have increased, with creditors up 15% and loans from directors rising 14%. While accrued liabilities remain unchanged, the overall trend suggests a company struggling to manage its finances. The company’s small size and lack of an auditor (likely exempt due to its size) mean the figures are unaudited, adding to the uncertainty. It’s a bit worrying, really.

Despite these challenges, the company’s active status and solo founder model suggest resilience. Whether Monterrey Trading Ltd can turn its financial situation around remains to be seen, but its niche retail focus and lean operation could provide a foundation for future growth.

Registered in England/Wales under the registration number 12889427, with a registered address at HR5 3DJ, England, Kington, Herefordshire, 61 Bridge Street.

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