True Traders Ltd
- Active
- Small
- 18 years
- 19 employees
- £1,938,244 (cur assets)
- Regular importer
- Irregular exporter
- Real address
- 7 directors
- 2 owners
- Family business
- Great Yarmouth
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
True Traders Ltd, based in Great Yarmouth, UK, is a small, active family business established seventeen years ago. With seventeen employees and £1,606,084 in assets, it operates from a real address and is overseen by seven directors and three owners. The company regularly imports iron or steel products, with thirty-two months of import activity recorded, the latest in February 01, 2025. It also occasionally exports prepared feathers, down, artificial flowers, and human hair products, with one month of export activity recorded as of May 01, 2022.
The company’s website, True Traders Group Ltd, is currently under construction, with a "Coming Soon" message and a promise of future success. In the meantime, visitors are directed to explore its brands, with contact information provided: 44 01493 854611 and enquiriestruetraders.co.uk. This suggests a potential expansion or rebranding effort underway.
Financially, True Traders Ltd presents a mixed picture. While current assets increased by 28% to £1,600,000, net assets only grew by 8.3% to £880,000. Cash reserves experienced a significant drop of 26% to £95,000. Trade debtors decreased by 31%, which could indicate improved collections, but creditors surged by 73% to £800,000—a substantial increase in short-term liabilities. 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 rise in creditors and the decline in cash reserves suggest it might be burning through money faster than it’s bringing it in. There’s no auditor mentioned, so the figures are unaudited. The company’s inventory also increased by 260%, which could be a sign of increased sales or a buildup of stock.
Registered in England/Wales under the registration number 06304793, with a registered address at NR31 0NN, England, Great Yarmouth, Norfolk, 9 Hewett Road, 9 Hewett Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 3
- 25%+
-
Resident of Isle of Man
-
Individual
- 9 years
- 3
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 1
-
Resident of United Kingdom
-
Individual
- 7 years
- 1
-
Resident of United Kingdom
-
Individual
- 7 years
- 1
-
Resident of United Kingdom
-
Individual
- 7 years
- 1
-
Resident of United Kingdom
-
Individual
- 15 years
- 4
-
Resident of Isle of Man
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Registered office address changed from The True Centre 31 Caister Road Great Yarmouth Norfolk NR30 4DA to 9 Hewett Road 9 Hewett Road Great Yarmouth Norfolk NR31 0NN on 2026-01-30Download 1 page pdf report
-
Total exemption full accounts made up to 2025-03-31Download 9 pages pdf report
-
Change of details for Mr Thomas Michael Bezance as a person with significant control on 2025-03-03Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
FAQ about True Traders Ltd
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