Seneca Trade Partners Ltd

Seneca Trade Partners Ltd, based in Manchester, UK, is a small, active company founded eight years ago in 2016. Employing just four people, it holds assets totaling £5,789,982 and operates from a real address. The company has four directors, but no owners are reported, which is not unusual for smaller businesses. It boasts a stellar 5.0 Google rating based on four reviews, highlighting positive customer experiences. Seneca Trade Partners is a regular importer, specializing in live trees, plants, bulbs, roots, and flowers, with import activity spanning six months, the latest being August 2024.

The company’s website positions it as a provider of flexible stock funding for SMEs. It emphasizes speed, reliability, and transparency, offering solutions for businesses needing to finance their stock. The site highlights the benefits of Seneca Trade Partners’ services, including fast funding, clear terms, and no hidden fees. It even features testimonials from satisfied clients who have seen increased turnover and profits thanks to the company’s support. The website also showcases a digital portal for managing accounts, and even has a news section with articles on topics like the UK-USA trading relationship.

Financially, Seneca Trade Partners Ltd presents a mixed picture. While net assets grew by 6%, to £960,000, other key figures show some downward trends. Cash bank on hand decreased by 54%, dropping to £110,000, and bank borrowings decreased by 52%, reaching £9,200. Creditors also decreased by 4.2%, to £4.9 million. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in cash reserves could indicate a reliance on credit. The company’s auditor is not mentioned, which is likely due to its status as a small company exempt from an audit.

The company’s financial reports are unaudited, so the figures should be viewed with caution. It’s clear that Seneca Trade Partners Ltd is a relatively small, specialized firm, and the company's success seems to hinge on its ability to provide timely and flexible funding solutions to its clients.

Registered in England/Wales under the registration number 10304563, with a registered address at M2 4DU, England, Manchester, Gregs Building, 1 Booth Street.

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