World Trade Technology Ltd

World Trade Technology Ltd is a small, active company based in London, UK, founded six years ago in December 198. It employs just one person and has a real registered address. Accounts are three years overdue, and confirmation statements are two years behind, a bit concerning. The company is owned and directed by Oun Ali.

The business operates in the repair of electronic and optical equipment, retail sale of mobile telephones, and retail sale via mail order houses or via internet. It’s a niche operation, catering to a specific market. The company's website isn't particularly active, so it’s unclear how much of its business is conducted online.

Financially, World Trade Technology Ltd is showing some challenges. Assets are minimal at just £8, and cash reserves are equally low. Creditors are at £3,800, and other creditors are at £2,500. Equity is a negative £3,700, indicating accumulated losses. Net current assets are also negative, at -£3,700. While the company meets the criteria to be classified as small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees), the negative equity is a significant red flag. The lack of a bank balance is also a little strange.

The company’s financial statements are unaudited, which is standard for small entities. The director's responsibilities are acknowledged, and the accounts have been prepared in accordance with the small companies regime. It seems that the company is struggling to generate profit and is burning through its limited resources. The lack of employees suggests a lean operation, but it also limits the company's ability to scale. It’s hard to say what the future holds for World Trade Technology Ltd, but it will need to address its financial situation to survive.

Registered in England/Wales under the registration number 11740149, with a registered address at NW7 2EG, England, London, 2a Longfield Avenue.

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