Best Selling Limited

Best Selling Limited, based in Manchester, UK, is a small, active company established 31 years ago in 1994. It employs twelve people and holds assets valued at £2,878,625. The business, owned and directed by Shakoor Mohammad Usman, operates from a real address and is a solo founder venture. Accounts are overdue by two years, and confirmation statements by one year, a bit concerning. The company imports and exports plastics and plastic products, though irregularly, with just two months of activity recorded in each direction, the last export in September 2023.

The company’s website showcases a wholesale cash-and-carry business, "UK's Leading Wholesale Cash Carry Est. Since 1994," supplying leading brands like Unilever, Reckitt, and Colgate. It offers a wide range of products and caters to both wholesale and retail customers. The website also highlights secure payments, a brochure section, and a dedicated customer support team. The business operates from a large industrial estate in Barking, Essex, open Monday to Friday and weekends with extended hours.

Financially, Best Selling Limited presents a mixed picture. While current assets increased by 23% to £2.9 million, cash bank on hand plummeted 73% to just £5,800. Creditors have also increased, both within and after one year, suggesting potential cash flow pressures. The company’s net assets increased by 5.2% to £880,000, but the significant drop in cash reserves is a point of concern. Trade debtors decreased slightly, indicating better management of customer payments. As a small company (meeting two of three criteria), it's likely exempt from an audit, and the figures are unaudited.

Overall, Best Selling Limited seems to be holding its own, but the sharp decline in cash reserves warrants close monitoring. The company’s wholesale model and wide product range offer potential for growth, but managing cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 02918261, with a registered address at M8 8LY, England, Manchester, 141 Cheetham Hill Rd Cheetham Hill Road.

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