Ttrade Group Ltd

TTrade Group Ltd is a small, active company registered in London, UK, founded seven years ago in 2018. It holds £6,225 in assets and operates from a real address at 13 Durban Road. With two directors and two owners, the company functions as an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances – its last import operation was recorded over a year ago in October 2022.

The company's website, TTrade Group, presents itself as an international trading company facilitating business expansion for small and medium-sized enterprises. It acts as a distributor, sales representative, or intermediary, connecting artisans and companies with new markets. The website highlights services like market research, competitor analysis, and sales support, emphasizing a focus on tradition, innovation, and building durable business relationships. It even has a contact number IRL.

Financially, TTrade Group Ltd is showing some concerning trends. Current assets have fallen by 30%, while net current assets have plummeted by a significant 58%. Bank borrowings have increased, and cash reserves have shrunk. While creditors have decreased, suggesting improved debt management, the overall picture is one of declining financial health. The company meets two of the three criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and less than 50 employees. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

Despite the financial pressures, the company’s website suggests a focus on growth and expansion, and its services are geared towards helping other businesses thrive. Whether it can successfully navigate these challenges remains to be seen, but the company's focus on building strong relationships and adapting to market changes could prove vital.

Registered in England/Wales under the registration number 11327081, with a registered address at SE27 9RW, England, London, 13 Durban Road.

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