Nztrading Ltd

Nztrading Ltd from Leven UK: a small, active company founded four years ago, currently has confirmation overdue for three months, operates from a real address, and is led by one director and one owner. It boasts a stellar 5.0 Google rating based on a single review. The company meets two of the three conditions to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Nztrading Ltd appears to be engaged in online retail, specifically selling goods via mail order and the internet. Its website redirects to New Zealand Trade & Enterprise (NZTE), a government agency focused on helping New Zealand businesses grow internationally. The site highlights export support, investment opportunities, and trade with New Zealand—suggesting a potential link to importing or distributing New Zealand products, though this isn's explicitly stated. It's not a traditional e-commerce site selling directly to consumers.

Financially, Nztrading Ltd presents a mixed picture. While cash on hand has increased by a significant 120% to £790, other key metrics have declined. Net assets have plummeted 110% to just £37, and retained earnings have suffered a similar drop. Creditors have risen slightly by 19% to £750, and loans from directors are up 7.8% to £680. The company’s small size and lack of employees (zero reported) allow for flexibility, but the substantial decline in equity raises concerns. The accounts are unaudited, and no auditor is listed, which is common for small, exempt companies.

Overall, Nztrading Ltd appears to be navigating a challenging period. The increase in cash is positive, but the sharp decline in equity and net assets suggests the company may be burning through money. The connection to NZTE is intriguing, and could indicate a focus on international trade, but more information is needed to fully understand the business model and its long-term prospects.

Registered in Scotland under the registration number SC677323, with a registered address at KY8 2EJ, Scotland, Leven, 4 Grieve Street, Methilhill.

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