Western Trade Solutions Limited
- Small
- Active
- 5 years
- £3,210,294 (assets)
- Virtual address
- 1 director
- 1 owner
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
Western Trade Solutions Limited is a small, active company based in London, UK, founded five years ago in 2020. It holds £3,210,294 in assets and operates from a virtual address shared by many other companies – a bit odd, really. With one director and one owner reported, it’s a tightly controlled operation. The company’s status is active.
The business focuses on a diverse range of activities: non-specialised wholesale trade, retail sale of new goods in specialised stores, and retail sales via mail order and the internet. Its website, western-trade-solutions.com, highlights services like brand development, trade show management, and wholesale market research, all geared towards empowering wholesale businesses. They also offer digital marketing services, including optimizing advertising campaigns and driving sales. It seems they’re trying to be a one-stop shop for wholesale marketing needs.
Financially, Western Trade Solutions Limited shows a mixed picture. Cash bank on hand dropped by a significant 50%, falling to £110,000. Creditors, however, have surged by a whopping 260%, reaching £3 million – that’s a big jump! Current assets also increased by 240%, now at £3.2 million, but debtors have ballooned by 320%, now standing at £3.1 million. Equity, however, only increased slightly, by 58% to £180,000. The company is small, meeting two of the three criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.
Overall, Western Trade Solutions Limited appears to be growing, but the increase in creditors and debtors suggests it might be stretching its finances a little. Perhaps they’re investing heavily in marketing and sales, or maybe they’re experiencing some payment delays. It’s hard to say for sure without more information. The company seems to be operating with a lean team, and the lack of employee numbers reported is typical.
Registered in England/Wales under the registration number 12483128, with a registered address at EC1V 2NX, United Kingdom, London, 128 City 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
- Lipnevic Edgar
- 5 years
- 1
- psc
-
Resident of Lithuania
Managers
-
Individual
- Baiko Severyn
- 5 years
-
Resident of Lithuania
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Total exemption full accounts made up to 2024-02-27Download 6 pages pdf report
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Confirmation statement made on 2025-01-11 with no updatesDownload 3 pages pdf report
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Confirmation statement made on 2024-02-08 with no updatesDownload 3 pages pdf report
FAQ about Western Trade Solutions Limited
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