X-trade Ltd

X-trade Ltd is a private limited company registered in England/Wales with the registration number 09006393. The company was founded ten years ago on April 23, 2014, and registered at NG7 6NR, Nottingham, 14 Myrtle Avenue Myrtle Avenue. The address is probably real as only one company registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors and no number of employees published. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, xTrade LTD, is simple and straightforward. It features a homepage, an "About Us" section, a "Services" page, a "Contact" form, and a copyright notice dating back to 2014 and 2021. There’s no obvious e-commerce functionality – no shopping cart, product listings, or payment gateway – suggesting the company may be operating primarily through other channels, like marketplaces or direct sales. It’s not a full-blown e-commerce site, but rather a basic online presence.

Financially, X-trade Ltd presents a mixed picture. While cash bank on hand decreased by 30% to £13,000, finished goods and goods for resale increased significantly by 120% to £100,000. This suggests the company is investing in inventory, which could be a positive sign, but also carries risk if sales don’t keep pace. Creditors have risen dramatically – 190% to £86,000 – which could indicate increased borrowing or extended payment terms with suppliers. Trade debtors, however, have only increased slightly, by 4.3% to £22,000. Equity has remained constant at £2,000, and net assets liabilities have also remained constant at £30,000. The company’s small size helps it stay agile, but the rise in creditors is something to watch. There’s no auditor mentioned, so the accounts are unaudited.

Overall, X-trade Ltd seems to be navigating a period of change. The increase in inventory suggests ambition, but the rising debts require careful management. It’s a small family business, and it’s holding its own, but there’s always room for improvement.

Registered in England/Wales under the registration number 09006393, with a registered address at NG7 6NR, Nottingham, 14 Myrtle Avenue Myrtle Avenue.

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