Overseas Trading Limited

Overseas Trading Ltd, based in Leeds, UK, is a large, holding company with an active status, established 22 years ago. Employing 69 people and boasting assets of £14,127,798, the company generates an annual revenue of £28,407,007. It operates from a real address and is managed by five directors and one owner. An e-commerce site and a 4.0 Google rating (based on 35 reviews) suggest a customer-facing operation. The company regularly imports miscellaneous manufactured goods (for 1078 months) and exports plastics and plastic products (for 89 months).

The company’s core business involves supplying discount range solutions and value products, with a focus on exclusive brands like ‘Keepit Handy’, ‘Join the Cleaning Buzz’, and ‘Bloome’. It caters to a wide range of customers, from large international retailers to local corner stores. The website highlights a broad catalog of products, including home goods, health and beauty items, automotive accessories, and even festive treats.

Financially, Overseas Trading Ltd shows some concerning trends. While turnover remained steady, net assets decreased by 11%, dropping to £14 million. Bank borrowings also fell by 28%, indicating a reduction in debt, and cash reserves saw a significant increase of 450%, reaching £370,000. However, administrative expenses rose by 30%, reaching £5.9 million, which could be a result of increased operational costs. Creditors also decreased by 13%, suggesting improved debt management. The company meets the criteria to be considered a large company, having turnover more than £36 million, balance sheet more than £18 million, and more than 250 employees.

The company's auditor is Q&K Auditors Ltd. While the increase in cash reserves is positive, the rise in administrative expenses warrants closer scrutiny. The company's reliance on imports and exports, particularly in a changing global market, could also pose challenges. The fact that the company has a real address, with only one other company registered there, suggests a secure and stable location.

Registered in England/Wales under the registration number 04442532, with a registered address at LS9 0DW, England, Leeds, Unit 4 Knowsthorpe Approach, Cross Green.

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