Sharp Trader Ltd

Sharp Trader Ltd from London UK: a small, active company founded just three years ago, employs two people, and holds £116,645 in assets. It operates from a virtual address – a bit unusual, as 47592 other companies share the same space – and is led by two directors and a solo founder, Regan Thomas. The company’s primary focus is retail sales via mail order and online, alongside other retail activities not conducted in physical stores.

The company’s website, while not explicitly detailed in the provided data, suggests a focus on e-commerce, likely selling goods directly to consumers through an online platform. It’s probable the company operates a website or online marketplace to facilitate sales, although specifics are unavailable.

Financially, Sharp Trader Ltd presents a mixed picture. While current assets have increased by 56% to £120,000, cash bank on hand has seen a significant drop of 70%, falling to just £6,800. Creditors have also risen by 40% to £100,000, and trade debtors have more than doubled, reaching £18,000. Equity has seen a substantial increase of 420%, reaching £18,000, which is a positive sign. Despite these changes, the company’s net current assets liabilities have improved by 390% to £17,000. The company is classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The financial statements are unaudited, and the company is exempt from an audit.

In conclusion, Sharp Trader Ltd appears to be navigating a period of change. While asset growth is encouraging, the decrease in cash reserves and increase in creditors suggest a need for careful financial management. The company’s solo founder status and small size offer agility, but the need to manage debt and maintain cash flow will be crucial for its continued success.

Registered in England/Wales under the registration number 13920281, 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.