Red Dragon Traders Ltd

Red Dragon Traders Ltd is a small, active company based in Bridgend, UK, founded eight years ago in 2016. It's a private limited company with a real address and operates an e-commerce site, employing just one person and overseen by two directors and one owner. The company specializes in retail sales via mail order and internet industries, offering a range of custom-designed products, including mugs, t-shirts, and luggage covers. Its website highlights unique, print-on-demand items and emphasizes creativity and passion.

Financially, Red Dragon Traders Ltd presents a somewhat concerning picture. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has been consistently negative. Retained earnings and accumulated losses currently sit at -£110, while share capital is £100. Net current assets and liabilities are also negative at -£12. Bank borrowings are a modest £12. These figures suggest the company is burning through cash rather than accumulating it. It’s likely the company is relying on owner investment or credit to stay afloat.

Despite the challenging financials, the company’s website shows a focus on product diversification and customer engagement. The range of products, from mugs to luggage covers, indicates an attempt to cater to different customer preferences. However, the lack of employees and the negative equity raise questions about its long-term sustainability. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data, which could be a cause for concern.

Registered in England/Wales under the registration number 10463828, with a registered address at CF35 5BH, Wales, Bridgend, Roughton Corntown Road, Ewenny.

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