Simply The Best Trade Ltd

Simply The Best Trade Ltd is a small, active company based in Romford, UK, founded six years ago in 2019. It operates an e-commerce site selling unique toy and gift ideas, with a focus on fair trade and Scottish Celtic items. The company employs two people and holds £9,918 in assets, and has two directors, with Cai Li Juan being both the owner and a director.

The website, Simply The Best Toys and Gifts, showcases a wide range of products, from handcrafted toys and crystals to LEGO sets and Disney merchandise. It’s clear the company aims to be a one-stop shop for parents, gift-givers, and collectors, with a focus on quality and ethical sourcing. The site also highlights its commitment to fair trade and supports SOS Children's Villages.

Financially, Simply The Best Trade Ltd presents a mixed picture. Current assets have increased significantly, jumping 100% to £9,900, while cash bank on hand decreased by 41% to £2,900. Liabilities have also increased, with creditors rising 30% to £32,000. The company’s net assets are down 13% to -£22,000, and the average number of employees has decreased by 50% to just one person. While the company’s small size (meeting two of three criteria for being small) allows for flexibility, the decline in equity is something to watch. The accounts are unaudited, as is typical for small companies. It's a little worrying that the company has such low assets.

Registered in England/Wales under the registration number 11769084, with a registered address at RM7 0AA, United Kingdom, Romford, 145 Waterloo Road.

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