TONGTU INTERNATIONAL DEVELOPMENT LTD

Executive Summary

Tongtu International Development Ltd is currently in a financially vulnerable position with net liabilities and negative working capital, raising significant concerns about its ability to meet short-term debts. The company’s deteriorating balance sheet and poor liquidity profile justify a decline for credit extension at this time. Close monitoring of liquidity and capital structure is essential for any reconsideration in the future.

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Who controls this company?

Ms Miaoyan Cao

Correspondence address
7, Parkwood Road, Leeds, England, LS11 5RJ
Date of birth
November 1980
Notified on
2021-12-07
Nationality
Chinese
Country of residence
England
Nature of control
Owns more than 75% of the company's shares


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