Tradeline International Ltd
- Small
- Active
- 5 years
- 1 employee
- £6,064 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Tradeline International Ltd from London UK is a small, active company founded five years ago. It’s a solo founder operation with one director and one employee, holding £6,064 in assets and operating from a virtual address. The company operates in a variety of industries, including agents involved in the sale of a variety of goods, non-specialised wholesale trade, retail sale via mail order houses or via internet, and management consultancy activities.
The company's website, while not providing detailed e-commerce specifics, suggests a focus on international trade consultancy. It highlights services like sourcing, logistics, and market entry support, catering to businesses looking to expand their reach. There's no obvious indication of a direct-to-consumer e-commerce operation, but rather a B2B focus on facilitating international trade.
Financially, Tradeline International Ltd presents a mixed picture. While the company is small (meeting two of three conditions for a small company), the most recent accounts show a significant downturn. Current assets have fallen by 58%, dropping to just £6,100, and net assets have plummeted 22% to £1,600. Bank overdrafts remain steady at £410, but cash reserves have also decreased by 58%, sitting at £6,000. Creditors have also decreased significantly, falling 53% to £6,000. Interestingly, property, plant, and equipment have increased by 120%, reaching £1,600, likely reflecting investments in equipment or machinery.
The sharp decline in net assets and cash reserves, coupled with the increase in property, plant, and equipment, suggests the company may be investing in its operations—perhaps to expand its services or improve efficiency. However, the reduced cash position could indicate a period of tight finances. It’s possible the company is burning through money to fuel growth, or it could be facing challenges in collecting payments from clients. The lack of an auditor mentioned, typical for small companies, means these figures are unaudited, so caution is advised when interpreting them.
Registered in England/Wales under the registration number 12360913, with a registered address at N5 2ER, United Kingdom, London, Office 408 Screenworks 22 Highbury Grove.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Polat Hakan
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Polat Hakan
- 5 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twelve months ago.
Last news
-
Change of details for Mr Hakan Polat as a person with significant control on 2024-08-14Download 2 pages pdf report
-
Director's details changed for Mr Hakan Polat on 2024-08-14Download 2 pages pdf report
-
Total exemption full accounts made up to 2024-04-30Download 6 pages pdf report
FAQ about Tradeline International Ltd
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