Secure Trading Solutions Limited
- Small
- Active
- 5 years
- £3,657 (assets)
- Virtual address
- 2 directors
- 2 owners
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Secure Trading Solutions Limited, based in London, UK, is a small, active company founded four years ago in 2020. It’s a family business with two directors and two owners, operating from a virtual address where 6432 other companies are also registered. The company holds just £3,657 in assets and employs no staff, meeting two of the three conditions to be classified as small (turnover under £10.2m, balance sheet under £5.1m, and fewer than 50 employees).
The company’s website highlights its focus on marketplace management for brands, manufacturers, and resellers. It positions itself as a niche marketing agency specializing in helping brands sell effectively on emarketplaces. They offer services ranging from strategy development and marketing to content management and brand control, leveraging tools like Google AdWords and Amazon PPC. Their website also mentions a focus on transparency, responsibility, and long-term cooperation.
Financially, Secure Trading Solutions Limited presents a mixed picture. While cash bank on hand increased significantly by 2000% to £3,700, net assets plummeted 890% to -£16,000. Creditors have also increased substantially, rising 710% to £14,000 within a year. Trade creditors increased by a whopping 3700%, reaching £6,900. The company’s retained earnings are also negative, at -£16,000. Loans from directors increased by 87%, reaching £2,900. The lack of employees, combined with the negative equity, suggests the company may be burning through cash to fuel growth. The accounts are unaudited and prepared under the small entities regime, and no auditor is mentioned.
It's clear that Secure Trading Solutions Limited is focused on expanding its marketplace services, but the financial data indicates a challenging period. The company's reliance on loans from directors and the significant increase in creditors suggest it may be struggling to manage its expenses, although the increase in cash reserves is a positive sign.
Registered in England/Wales under the registration number 12572228, with a registered address at W1W 7LT, England, London, 85 Great Portland Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Tsyhlin Oleksandr
- 3 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Tsyhlin Dmytro
- 5 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Tsyhlina Daria
- 1 year
-
Resident of United Kingdom
-
Individual
- Tsyhlin Dmytro
- 5 years
-
Resident of Ukraine
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Total exemption full accounts made up to 2024-04-30Download 7 pages pdf report
-
Change of details for Mr Dmytro Tsyhlin as a person with significant control on 2024-10-14Download 2 pages pdf report
-
Confirmation statement made on 2024-04-11 with no updatesDownload 3 pages pdf report
FAQ about Secure Trading Solutions Limited
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