Adams Wholesale (west Sussex) Limited
- Small
- Active
- 19 years
- 1 employee
- £6,206 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
- Rating 4.0 (38)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Adams Wholesale (West Sussex) Limited, based in Worthing, UK, is a small, active company established nineteen years ago in 2006. With a single employee and £6,206 in assets, it’s a solo-founded operation managed by one director and owner, Ali Suleyman Aslanoglu. The company holds a respectable Google rating of 4.0 based on 38 reviews, indicating customer satisfaction. It operates from a real address and is an irregular importer of clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of March 2022.
The company’s website reveals a focus on wholesale of fruit and vegetables, and it also owns a company called Adams Wholesale Meats Ltd. The address, Unit 1 Silverdale, Meadow Road, BN11 2RZ, is shared by nine other companies, confirming its authenticity. It’s a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
Financially, Adams Wholesale (West Sussex) Limited presents a mixed picture. Cash bank on hand remained steady at £6,200, but current assets dropped significantly to £6,200, and net assets plunged to -£350,000. Creditors remained constant at £360,000, and bank borrowings are also at £360,000. Trade debtors are at a very low £4. The company’s small size and lack of employees (just one) suggests a lean operation, but the substantial net asset deficit raises concerns. No auditor is mentioned, likely due to its status as a small, exempt company.
While the company’s Google rating and ownership of a meat wholesale business indicate some level of success, the financial data suggests it's burning through money. The significant negative equity and reliance on creditors could pose a long-term challenge, though its small size allows for flexibility.
Registered in England/Wales under the registration number 05827389, with a registered address at BN11 2RZ, England, Worthing, West Sussex, Unit 1 Silverdale, Meadow Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 18 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Registered office address changed from Asm House 103a Keymer Road Hassocks West Sussex BN6 8QL United Kingdom to Unit 1 Silverdale Meadow Road Worthing West Sussex BN11 2RZ on 2025-03-11Download 1 page pdf report
-
Confirmation statement made on 2025-01-10 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
Adams Wholesale (west Sussex) Limited controls
Owns & Controls
-
Corporate
- 8 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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FAQ about Adams Wholesale (west Sussex) Limited
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