Worldwide Tradelink Ltd

Worldwide Tradelink Ltd, based in Hamilton, UK, is a small, active company founded nine years ago. With nine employees and £398,635 in assets, it's a solo-founded operation led by a single director and owner, Imran Muhammad. The company holds a respectable 4.0 Google rating from seven reviews, and operates from a real address shared by three other companies. It’s an irregular importer, primarily dealing in cotton products, with its last import activity recorded over four years ago in 2019.

The company's website is currently suspended, indicating a potential issue with its online presence. It’s involved in wholesale of household goods, retail sales, unlicensed restaurants, and takeaway food services—a diverse range of activities.

Financially, Worldwide Tradelink Ltd shows a mixed picture. Current assets have fallen by 15% to £400,000, while net assets have decreased by 3% to £87,000. Bank borrowings have increased significantly by 39% to £50,000, and cash reserves have plummeted 76% to just £26,000. Creditors have also decreased by 14% to £270,000, suggesting improvements in debt management. The company’s size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in cash and equity warrants attention. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Worldwide Tradelink Ltd seems to be navigating a challenging period. While it maintains a positive Google rating and diverse business interests, the financial data suggests it’s burning through cash reserves. Whether this is a temporary setback or a sign of deeper issues remains to be seen—but the company’s ability to adapt and secure funding will be crucial for its long-term survival.

Registered in Scotland under the registration number SC520239, with a registered address at ML3 6BJ, United Kingdom, Hamilton, Lanarkshire, Upper Floor, Unit 1, 82 Muir Street.

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