Tsk Trading Ltd

Tsk Trading Ltd, based in Upper Norwood, UK, is a small, active company founded ten years ago in 2014. With three employees and £124,525 in assets, it operates from a virtual address shared by seventeen other companies, a fact that raises some questions. The business is run by three directors and three owners, and regularly imports edible fruits and nuts—nineteen months of import activity were recorded, with the most recent in October 2024. The company operates in the wholesale of fruit and vegetables industries.

The business’s website is minimal, offering little insight into its operations beyond the basic company information. There's no e-commerce presence, suggesting a business-to-business model focused on wholesale distribution rather than direct retail. This means they likely supply other businesses with fruit and nuts, rather than selling directly to consumers.

Financially, Tsk Trading Ltd presents a mixed picture. Cash reserves have fallen dramatically—down 97% to just £1,000—a concerning trend. Bank borrowings have also decreased, but the significant drop in cash suggests the company is relying more on credit. Trade debtors have increased substantially, by 57%, which could be a sign of slower payments from customers or an expansion of credit terms. Creditors have also decreased by 21%, which is a positive sign of improved debt management. Despite these changes, the company’s net assets have increased by 820%, to £3,900, due to retained earnings. The company is a small business, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely exempt as a small company, so the figures are unaudited.

In short, Tsk Trading Ltd seems to be navigating some financial headwinds, with a sharp decline in cash reserves. The increase in trade debtors, however, could be a temporary blip, or a sign of growth. The company’s reliance on a virtual address and the lack of a strong online presence also warrant further investigation.

Registered in England/Wales under the registration number 09069367, with a registered address at SE19 3RW, Upper Norwood, London, 67 Westow Street.

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