Splendid Trading Limited

Splendid Trading Ltd is a small, active company founded 23 years ago, in November 2001. Based in London, it employs 11 people and holds assets worth £863,823. The company operates a real address and is overseen by four directors and two owners. Splendid Trading Ltd runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances—parts, with the last import operation in December 2024. It also exports glass and glassware, with the last export operation in March 2020. The company’s core business is wholesale of china and glassware and cleaning materials.

The company’s website is minimal, suggesting a focus on business-to-business transactions rather than direct consumer sales. There’s no flashy design or extensive product catalog—just a straightforward listing of categories and contact information. This indicates a practical, no-frills approach to online presence, likely catering to established trade partners.

Financially, Splendid Trading Ltd shows a mixed picture. Cash bank on hand has increased significantly by 63%, jumping to £110,000, which is a positive sign. However, net assets have decreased by 4.5%, falling to £110,000. Creditors have also risen, increasing by 4.4% to £780,000, and trade debtors have increased slightly to £590,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The decrease in equity, despite increased cash reserves, suggests the company may be reinvesting heavily in its operations, or possibly taking on more debt to fuel growth. The company’s average number of employees has decreased slightly, from 11 to 10.

The company's financial data shows that it is not burning through money, but it is not making a huge profit either. The company is a regular importer and exporter, and it has a real address.

Registered in England/Wales under the registration number 04320097, with a registered address at E1 6HU, 151-153 Shoreditch High Street, London.

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