Ztrade Ltd

Ztrade Ltd, based in London UK, is a small, active company founded three years ago. Despite its active status, the company’s accounts are currently overdue by 10 months, and it operates with just one employee. The company holds £163,732 in assets and utilizes a virtual address, registered with fifty-two other companies, which raises some questions. It’s managed by a single director and owner, who is also the solo founder. Ztrade Ltd is an irregular importer, primarily dealing in optical and medical tools and devices, with just two months of import activity recorded as of September 2023.

The company's activities encompass retail sales via mail order and internet, as well as offering other business support services. Its website, while minimal, suggests a focus on connecting buyers and sellers in these specialized fields. It’s not clear if the website is fully functional or actively used for e-commerce, but it does provide basic contact information.

Financially, Ztrade Ltd presents a mixed picture. Current assets remain relatively stable at £160,000, but net assets are in the negative, standing at -£53,000. Bank borrowings have remained consistent at £200,000, and cash reserves are stable at £29,000. Creditors are also consistent at £220,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests it's burning through money. There is no auditor mentioned, likely due to its small size, so the figures are unaudited.

The company’s irregular import activity, combined with the negative equity, suggests it may be facing challenges in maintaining a sustainable business model. It’s possible that the company is struggling to generate sufficient revenue to cover its expenses, or that it has made some poor investments. The fact that the company is still operating, despite these challenges, is a testament to the resilience of its founder.

Registered in England/Wales under the registration number 13581760, with a registered address at EC1N 8LE, London, 63-66 Hatton Garden, Fifth Floor, Suite 23.

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