Trademagic Limited

Tradmagic Ltd from Birmingham, UK, is a small holding company with an active status, having been incorporated eighteen years ago in 2006. The company employs fifteen people and holds assets valued at £2,899,773. It has a real registered address and is managed by two directors and one owner, maintaining a Google rating of 4.0 based on three reviews. Tradmagic Ltd regularly imports iron or steel products, with a history of fifty-seven months of import activity, the last recorded in March 01, 2025.

The company operates within the non-specialised wholesale trade industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than fifty employees. The company’s website is not available for review.

Financially, Tradmagic Ltd shows some concerning trends. Accumulated depreciation impairment property plant equipment has increased by 75%, indicating increased wear and tear on assets. Bank borrowings have decreased by 38%, which is good, but cash bank on hand has plummeted by 84%, leaving only £29,000. Creditors have decreased by 2.7%, which is positive, and net assets have fallen by 7.9%. The company’s average number of employees has increased by 27%, suggesting growth, but it also means higher payroll costs. Trade debtors have decreased by 14%, which could indicate better collection practices or reduced sales. It's a bit of a mixed bag, really. The company is exempt from an audit as a small entity.

Registered in England/Wales under the registration number 05928563, with a registered address at B37 7DL, Birmingham, Marston House 5, Elmdon Lane, Marston Green.

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