Norfolk Trading Limited

Norfolk Trading Limited is a small, active company based in Swaffham, UK, established ten years ago in 2014. With £80,836 in assets and two directors and owners, the business operates from a virtual address – ten companies registered at the same location – and is involved in retail sale via mail order houses or via internet industries. It’s a regular importer, specializing in iron or steel products, with 15 months of import activity recorded, the latest in July 2021.

The company’s website, Classic Cars South Norfolk, showcases a selection of British classic cars from the 1960s and 70s, available for sale and even listed on eBay. The site offers a range of vehicles, from MGs to Porsches, with prices ranging from under £10,000 to nearly £50,000. It seems the company is also involved in piano restoration, a separate venture.

Financially, Norfolk Trading Limited presents a mixed picture. Current assets have fallen significantly, dropping 84% to £81,000, while net current assets have also decreased by 39% to £81,000. Bank borrowings have disappeared completely, and cash reserves have also vanished. Creditors have also been wiped out, suggesting a period of significant change. Despite meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the sharp decline in assets and creditors raises questions. The company is exempt from an audit, so the figures are unaudited.

In short, Norfolk Trading Limited is facing financial challenges, with a significant reduction in assets and creditors. The company's classic car business, while seemingly active, may be struggling to generate sufficient revenue to sustain itself.

Registered in England/Wales under the registration number 09071782, with a registered address at PE37 7QH, England, Swaffham, Norfolk, 30 Market Place.

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