True Trade Ltd in London, N3 2SZ

Description

Data updated on: 01-11-2023

Registered at 298 Regents Park Road, London N3 2SZ True Trade Ltd is a Private Limited Company issued a 09813565 registration number. The firm was established nine years ago. This enterprise's classified under the NACE and SIC code 64999 and has the NACE code: Financial intermediation not elsewhere classified. 2021-12-31 is the last time account status updates were reported.

For this limited company, a variety of director's assignments have so far been fulfilled by Michael F. who was arranged to perform management duties on Mon, 9th Oct 2017. This limited company had been managed by Joseph D. until September 2021. In addition another director, including Paul C. quit 7 years ago.

Michael F. is the individual who controls this firm, has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand	292 164	295 915	117 090	164 102	123 164
Current Assets	292 164	433 201	330 388	211 266	457 148
Debtors		137 286	213 298	283 182	333 984
Net Assets Liabilities		311 100	599 986	496 266	299 715	285 000
Other Debtors				23 656	6 481

Other Financial Data
Average Number Employees During Period		7	6	3
Creditors	7 164	122 101	15 402	132 298	157 433
Net Current Assets Liabilities	285 000	311 100	314 986	211 266	299 715
Total Assets Less Current Liabilities	285 000	311 100	599 986	496 266	299 715	285 000
Audit Fees Expenses					15 000
Accrued Liabilities		6 000
Administrative Expenses		326 679		3 436	37 667
Amounts Owed By Group Undertakings		137 286		259 526	327 503
Amounts Owed To Group Undertakings	7 164
Bank Borrowings Overdrafts		365
Bank Overdrafts		365
Cash Cash Equivalents Cash Flow Value	292 164	295 550		164 102
Comprehensive Income Expense		26 100			-15 271
Corporation Tax Payable		6 221
Current Tax For Period		6 221
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		-19 109			-81
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	7 164	-28 935		116 896	25 135
Income From Related Parties		359 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	292 164	3 386		47 012	-40 938
Issue Equity Instruments	285 000
Loans Owed By Related Parties		137 286
Net Cash Flows From Used In Financing Activities	-285 000
Net Cash Flows From Used In Operating Activities	-7 164	-3 386		-47 012	40 938
Net Cash Generated From Operations	-7 164	-3 386		-47 012	40 938
Number Shares Issued Fully Paid		28 500 000			28 500 000
Other Creditors		7 273		24 073
Other Taxation Social Security Payable		21 054
Par Value Share		0			0
Proceeds From Issuing Shares	-285 000
Profit Loss		26 100			-15 271
Profit Loss On Ordinary Activities Before Tax		32 321			-15 271
Tax Tax Credit On Profit Or Loss On Ordinary Activities		6 221
Total Operating Lease Payments		54 000
Turnover Revenue		359 000		3 436	10 752
Wages Salaries		123 087
Accrued Liabilities Deferred Income					15 000
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-69 884	-50 802
Other Operating Income Format1					11 644
Called Up Share Capital Not Paid Not Expressed As Current Asset			285 000	285 000	285 000	285 000
Fixed Assets					14 715