Smith Trade Company Ltd

Smith Trade Company Ltd, based in London UK, is a small, active company founded six years ago in 2019. With just £4,658 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner. The business operates as an irregular importer, with its top import category being Jewelry, precious stones, and metals, totaling 1 months of imports. The last import operation was conducted on June 01, 2019. The company employs just one person.

While the company operates in non-specialised wholesale trade, retail sale via mail order houses or via internet, and management consultancy activities, its website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. It’s unclear if they have an active online store.

Financially, Smith Trade Company Ltd is showing some concerning trends. Current assets have increased by a significant 100% to £4,700, which is good, but net assets liabilities have also worsened, dropping 41% to -£9,900. Bank borrowings have increased, and cash reserves have fallen. Creditors have decreased, which is a positive sign, but the overall picture suggests the company is struggling to maintain a healthy financial position. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Smith Trade Company Ltd is facing financial pressures. It’s a small operation with a unique import focus, but it needs to address its declining equity to ensure long-term viability.

Registered in England/Wales under the registration number 11912957, with a registered address at WC1N 3AX, England, London, 27 Old Gloucester Street.

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