Trade Hub (ldn) Ltd

Trade Hub (ldn) Ltd is a small, active company based in Mitcham, UK, established eleven years ago in 2013. It employs just two people and holds £523,006 in assets, operating from a registered address that's likely virtual, as nineteen companies share the same location. The company has two directors and one owner, Bowar Abdul Hamid. It’s an irregular importer, primarily dealing in plastics and plastic products, with just two months of import activity recorded as of October 2021.

The company’s website, simply titled “The Trade Hub,” suggests a focus on floor and wall coverings, carpets, rugs, and related hardware and paints. It appears to be an e-commerce operation, though a detailed analysis of the site isn’t possible without further investigation. It’s unclear how extensive the online presence is, but the site’s simplicity suggests a smaller-scale retail effort.

Financially, Trade Hub (ldn) Ltd presents a mixed picture. Current assets have decreased by 12% to £520,000, while net assets have fallen by a more significant 37% to £22,000. Bank borrowings have decreased by 28%, and cash reserves have dropped 39% to £120,000. A notable increase in trade debtors, up 900%, suggests potential issues with customer payments, or perhaps a strategic expansion of credit terms. The company’s small size—meeting two of three conditions for being classified as small—helps it remain agile, but the decline in equity is concerning. With no auditor mentioned, the figures are unaudited.

The increase in average employees from two to seven is a significant jump, potentially reflecting increased workload or a shift in operational strategy. It's possible the company is experiencing growing pains as it expands its activities, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 08685707, with a registered address at SW9 9BH, England, London, 279-285 Clapham Road.

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