Trade Gear Limited

Trade Gear Ltd, based in Liverpool, UK, is a small holding company with an active status, having been incorporated eleven years ago in February 0214. The company employs eight people and holds assets totaling £583,902. It operates from a real address and is overseen by three directors and one owner, boasting a stellar 5.0 Google rating from ten reviews. Trade Gear Ltd is an irregular importer and exporter of electrical machinery and equipment, with just one month of import and export activity recorded.

The company’s website is unavailable for review, so it’s difficult to ascertain the exact nature of their operations beyond the import/export activity. However, the company operates in the other retail sale not in stores, stalls or markets industries.

Financially, Trade Gear Ltd presents a mixed picture. Cash reserves increased significantly by 250%, reaching £370,000, a positive sign. However, net assets decreased by 86%, falling to just £4,500—a notable decline. Bank borrowings also decreased by 20%, reaching £34,000. Creditors increased by 59%, reaching £360,000, suggesting increased reliance on short-term debt. Trade debtors ballooned by 890%, which could indicate issues with collecting payments from customers. 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 remain flexible, but the sharp decrease in equity raises concerns. With no auditor mentioned, the financial statements are unaudited.

Overall, Trade Gear Ltd seems to be navigating a period of change, with strong cash reserves offset by a declining equity position and growing short-term liabilities.

Registered in England/Wales under the registration number 08885829, with a registered address at L3 9QJ, England, Liverpool, The Plaza 11th Floor The Plaza, Old Hall Street.

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