White Space Trading Ltd

White Space Trading Ltd is a small, active company based in Salisbury, UK, founded five years ago in 2020. It employs just two people and holds £75,898 in assets. The company, a family business with two directors and two owners, operates from a real address and is registered as number 12530787. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, White Space Trading, focuses on importing products for online sales via e-commerce stores. It clearly states its business model and even provides an email address for sales inquiries. The site also mentions being registered in England and Wales, reinforcing its legitimacy.

Financially, White Space Trading Ltd presents a mixed picture. Current assets have seen a substantial increase, jumping 130% to £76,000, while cash reserves have also risen by 4.4% to £30,000. However, retained earnings and accumulated losses have decreased significantly, resulting in a net assets liability of -£9,500. Creditors have also increased slightly, by 1.2%, and inventories have exploded by 860% to £46,000. The company’s trade creditors and payables are steady, though. While the growth in assets is encouraging, the negative equity suggests the company may be burning through cash to fuel its expansion. No auditor is mentioned, which is common for small, exempt companies.

Overall, White Space Trading Ltd appears to be a growing e-commerce business with a strong online presence. However, the negative equity and increased creditors suggest it needs to carefully manage its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 12530787, with a registered address at SP1 3DJ, England, Salisbury, 10 Tower Mews.

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