Tech Traders Worldwide Ltd

Tech Traders Worldwide Ltd is a small, active company based in Morden, UK, established five years ago in June 2019. The company, with a real registered address and just one employee, holds £54,724 in assets and is led by a single director and owner, Ahmad Bashir Ud Din. It operates in the wholesale of clothing and footwear, and retail sale via mail order houses or via internet industries. The firm regularly imports electrical machinery and equipment, with 11 months of import activity recorded, the last in January 2025.

The company’s website is currently unavailable, making it difficult to assess its online presence and specific product offerings. Without a website, it’s hard to determine if the company is primarily focused on e-commerce or if it relies on other sales channels.

Financially, Tech Traders Worldwide Ltd presents a mixed picture. Current assets have decreased by 28% to £55,000, while net assets have plummeted 75% to just £3,000. Cash bank on hand has also declined significantly, dropping 32% to £35,000. However, creditors have decreased by a substantial 64%, suggesting improved debt management. Dividends paid remained consistent at £10,000, and finished goods decreased by 21% to £20,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp equity decline raises concerns. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

While the company appears to be managing its debts better, the significant drop in equity and cash reserves suggests it may be burning through money. It's possible that increased operating expenses or reduced sales contributed to this trend. The fact that the company is solo founded and has only one employee may also mean it lacks the resources to scale its operations effectively.

Registered in England/Wales under the registration number 12047528, with a registered address at SM4 6RW, Morden, Surrey, Marshall House Suite 21-25 124 Middleton Road.

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