Sinotrading International Corporation Limited

Sinotrading International Corporation Ltd from Worcester Park, UK, is a small, active company founded 20 years ago. It employs one person and has a real address, managed by one director and owner. The company regularly imports various textile products, sets, used clothing, and rags, with its last import operation recorded six months ago in September 2018.

The company operates in the wholesale of textiles, the wholesale of clothing and footwear, the wholesale of furniture, carpets and lighting equipment, and retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Financially, Sinotrading International Corporation Ltd presents a mixed picture. Accumulated amortisation for intangible assets remained steady at £360, while accumulated depreciation for property, plant, and equipment also stayed at £3200. Advances to directors decreased by 8.9% to £20,000, and bank borrowings decreased by 19% to £10,000. Creditors decreased by 8.9% to £20,000, and trade debtors plummeted by 86% to just £380. Equity declined by 3.1% to -£56,000, and net assets and liabilities are at -£56,000. The company’s net current assets and liabilities are at -£36,000.

The decrease in trade debtors suggests improved collection efforts, but the drop in equity is concerning. The company’s small size and lack of external audit (likely exempt) mean the figures are unaudited. The company's sole director and owner, Wang Chuan, is also listed as the company's sole officer.

Registered in England/Wales under the registration number 05124830, with a registered address at KT4 7LR, England, Worcester Park, 32 Leyfield.

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