Realtime Trading Ltd

Realtime Trading Ltd from London UK: a small, active company founded four years ago, holds just £5,119 in assets, and operates from a virtual address. It's a solo-founder venture with two directors and one owner, running an e-commerce site. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The business focuses on retail sales via mail order houses or the internet. Its website, while not providing detailed product information, suggests a focus on online commerce. It's not clear what products they sell, but the e-commerce nature of the business is evident.

Financially, Realtime Trading Ltd presents a mixed picture. Current assets have increased significantly, jumping 710% to £5,100, which is a positive sign. However, net assets remain negative at -£56,000, indicating the company is burning through money. Bank borrowings have decreased substantially, falling 100% to zero, which is good, but creditors have risen 33%, suggesting increased short-term debt. Cash on hand has improved by 240%, reaching £690, which is a small but welcome boost. Trade debtors have also increased, by 940%, which could indicate issues with customer payments or an expansion of credit terms. The company’s small size helps it remain flexible, but the negative equity is a concern. The accounts are unaudited, as is typical for small companies.

Overall, Realtime Trading Ltd appears to be navigating early-stage challenges. While the increase in current assets is encouraging, the negative equity and rising creditors suggest a need for careful financial management. The company’s solo-founder structure and virtual address are not uncommon for small e-commerce ventures, but the financial pressures need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 13144835, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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