Rainy City Trading Ltd

Rainy City Trading Ltd is a small, active company based in Manchester, UK, founded ten years ago in 2014. With a single employee and £124,127 in assets, it's a solo-founded operation run by a director and owner. The company operates from a real address, sharing space with just two other businesses. It’s a bit of an irregular importer, bringing in vehicles, parts, and accessories (excluding trains and trams) for a couple of months, with the last import in December 2024. It also exports toys, games, and sports equipment, but only for a month, with the last export in March 2022.

The company’s website, Rainy City Trading, boldly proclaims itself a “clearance company you can trust!” It focuses on stock clearance, promising a “best-ever experience” and offering services for both selling *to* and buying *from* them. The site is simple, with tabs for selling, buying, about us, FAQs, and contact information—a classic e-commerce setup.

Financially, Rainy City Trading Ltd presents a mixed picture. While cash reserves increased by 72% to £84,000, net assets dropped significantly by 81% to just £300. Bank borrowings increased by 18% to £6,200, and creditors surged by 80% to £100,000—a substantial rise. Trade debtors also increased by 27% to £33,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. Depreciation on plant and machinery decreased by 26%, which could mean less investment in equipment.

Overall, Rainy City Trading Ltd seems to be burning through money. The rise in creditors and the drop in equity suggest the company is relying on credit to keep operations going. It’s possible the irregular import and export activities are not generating enough revenue to cover expenses. It’s a bit concerning, but given the solo founder and small scale, it could just be a startup phase—though the lack of a clear, sustainable business model is a worry.

Registered in England/Wales under the registration number 09136406, with a registered address at M1 3LZ, Manchester, 29-31 Sackville Street.

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