Southeast Traders Limited

Southeast Traders Ltd, based in Glasgow, UK, is a sizable company operating as a holding company with an active status. Established 22 years ago in August 2002, it employs 23 people and holds assets totaling £14,651,776. The company has a real address and is managed by five directors, with one owner. It boasts a stellar 5.0 Google rating based on 24 reviews. Southeast Traders Ltd regularly imports miscellaneous food products—a consistent pattern over 69 months, with the latest import occurring in January 2025—and occasionally exports drinks, alcohol, and vinegar, though this activity is less frequent, with only 2 months of exports recorded as of September 2019.

The company's website is not available, so it's difficult to determine if they operate an e-commerce platform. Without a website, it’s hard to gauge their online presence and direct customer interaction.

Financially, Southeast Traders Ltd presents a mixed picture. While the company’s assets remain stable, several key indicators suggest potential challenges. Accrued liabilities have decreased significantly, dropping 72%, which could indicate improved financial management, but it could also mean they are delaying payments. Impairment of intangible assets, specifically goodwill, remains steady, but patents and trademarks have decreased slightly. Bank borrowings have fallen by a substantial 23%, which is a positive sign, and cash reserves have increased by a healthy 88%. However, staff costs have risen by 19%, and net losses have deepened by 44% to £880,000. Trade debtors have increased by 25%, which could indicate difficulties in collecting payments from customers. The company meets the criteria for a large company, having a turnover over £36 million, balance sheet total over £18 million, and an average number of employees over 250. The financial statements were audited by Azets Audit Services.

Overall, Southeast Traders Ltd appears to be a well-established company facing some financial headwinds. The decrease in losses, coupled with the reduction in bank borrowings, suggests they are taking steps to improve their financial health. However, the increase in staff costs and the rise in trade debtors warrant close monitoring.

Registered in Scotland under the registration number SC235763, with a registered address at G68 0LL, Scotland, Glasgow, 30-36 Napier Place, Cumbernauld.

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