Retro Trading Limited

Retro Trading Limited, based in London UK, is a small, active company founded eight years ago in 2016. With just two employees and £2,936 in assets, it’s a modest operation run by a single director and without any reported owners—a bit unusual, really. The company operates in the retail sale via mail order houses or via internet, suggesting an online presence.

The business appears to be a small one, meeting two of the three criteria for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It's interesting to note that while the company has a real address, only one other company is registered at that location. This suggests a relatively low-profile operation.

Financially, Retro Trading Limited’s picture is a little complicated. Current assets have decreased by 23%, falling to £2,900, while net assets have plummeted 120%, now sitting at a negative £21,000. Cash on hand has increased significantly by 97%, reaching £940, which is good news. However, creditors have increased substantially, jumping to £23,000—a significant change. Loans from directors also rose dramatically, reaching £23,000. The company’s retained earnings have also decreased, a worrying sign.

The lack of owners reported is a bit odd, and it’s possible the director is also the sole beneficial owner. The accounts are described as “filleted” and unaudited, which is common for small companies exempt from an audit. While the business seems to be running, the negative equity and increased liabilities suggest it's burning through money. It's hard to say exactly why, but the lack of cash flow and reliance on director loans are concerning.

Registered in England/Wales under the registration number 10391725, with a registered address at SW16 2UU, United Kingdom, London, 5 Angles Road.

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