Trade Fair International Limited

Trade Fair International Ltd from Dorset UK: a small, active company founded 19 years ago, is currently facing some financial challenges. With 10 employees and £878,508 in assets, the business operates from a virtual address – a detail worth noting as twelve companies are registered at the same location. The company is led by two directors and has one owner, Uppal Shemene, who also serves as a director. It runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings, with 67 months of import activity recorded. It occasionally exports iron or steel products, with just one month of export activity dating back to 2016.

The company’s core business involves wholesale of household goods, but its website suggests a broader retail focus. While the site offers a wide range of furniture and accessories, it’s clear that the business is aiming to cater to a diverse customer base, with sections dedicated to mirrored furniture, lighting, and even antiques. The site’s design is a bit dated, but the sheer volume of products on offer is impressive.

Financially, Trade Fair International Ltd has experienced a significant downturn. Current assets have plummeted by 29%, dropping to £880,000, and net assets have fallen even further, decreasing by 44% to just £450,000. Cash reserves have also taken a hit, declining by 71% to £21,000. Trade debtors have decreased by 27%, while creditors have increased by 12%, indicating a potential strain on working capital. 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 decline in equity is concerning. The accounts are unaudited, as the company is exempt due to its size.

The decrease in employees, from 10 to 8, could be a response to the financial pressures. While the company continues to operate its e-commerce site and import goods, the declining financial performance suggests it's facing headwinds. Whether it can navigate these challenges and return to a more sustainable financial footing remains to be seen.

Registered in England/Wales under the registration number 05738158, with a registered address at BH15 2JH, Dorset, Tower House, Parkstone Road, Poole.

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