Abundance Wholesale Ltd

Abundance Wholesale Ltd from London UK: a small, active company founded two years ago, employs a single person, and holds £2,002 in assets. It’s a solo-founded operation with one director and owner, operating an e-commerce site and enjoying a perfect 5.0 Google rating from one review. The company’s real address is shared by just two other businesses, suggesting a genuine location.

The business focuses on retail sales via mail order and the internet, specializing in fruit and vegetable wholesaling. Founded on February 30, 2023, and registered at Flat 1 3 Chatsworth Gardens, it’s a relatively new venture. The company’s status is active, and it’s been operating for two years. 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, and fewer than 50 employees.

The company’s Instagram presence suggests a focus on fresh produce, with images showcasing a variety of fruits and vegetables. While the e-commerce site is the primary sales channel, it’s unclear how extensive the online operation is. It’s a small business, but it’s trying to make a name for itself in the competitive wholesale market.

Financially, Abundance Wholesale Ltd presents a mixed picture. Current assets are steady at £2,000, while cash reserves remain low at just £2. Creditors are also stable at £1,500, and debtors are at £2,000. Equity is a modest £470. The company’s small size means it’s exempt from an audit, so the figures are unaudited. The lack of significant cash reserves could indicate that the business is operating on a tight budget, and the reliance on debtors suggests a need to manage cash flow carefully. It’s likely that the company is reinvesting profits back into the business to fuel growth, but the low equity base could make it vulnerable to unexpected expenses. The company is probably working hard to keep its costs under control and maximize its sales.

Registered in England/Wales under the registration number 14664888, with a registered address at W3 9LN, England, London, Flat 1 3 Chatsworth Gardens.

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