My Trading Cards Ltd

My Trading Cards Ltd, based in London, UK, is a small, active company founded 11 years ago. It’s a solo venture, employing just one person and holding £14,021 in assets. The business operates from a virtual address—shared by 187 other companies—and is led by a single director and owner, Leslie Duane Oswald. The company’s core business involves retail sales via mail order and the internet.

The company’s website, currently displaying an "Opening Soon" message, indicates a planned relaunch. It will be powered by Shopify and invites visitors to enter a password to access the store. The site's design suggests a focus on e-commerce, with clear calls to action for password entry and store access.

Financially, My Trading Cards Ltd presents a mixed picture. While current assets increased by a significant 120% to £14,000, net assets remained negative at -£22,000, a 41% drop from the previous year. Bank borrowings remained steady at £30,000, but cash reserves only managed to reach £260. Trade debtors have exploded, increasing by 2,800% to £7,800, which could indicate difficulties collecting payments or an aggressive expansion of credit terms. Creditors also increased by 65% to £36,000, suggesting the company is relying more on short-term financing. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble, but the negative equity and rising debts are concerning. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, My Trading Cards Ltd appears to be in a precarious position. The upcoming website relaunch could be a vital step towards recovery, but the company will need to address its financial challenges to ensure its long-term viability.

Registered in England/Wales under the registration number 08571872, with a registered address at N1 7GU, England, London, 20 - 22 Wenlock Road.

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