Better Wholesale Ltd
- Small
- Active
- 3 years
- 2 employees
- £82,385 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
- Rating 5.0 (10)
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
Social media
Phones
Summary
Better Wholesale Ltd from Manchester UK: a small, active company founded just three years ago, employs two people, and holds £82,385 in assets. It operates a real address and is led by a single director and owner, who is also the solo founder. The company’s e-commerce site enjoys a stellar 5.0 Google rating based on ten reviews.
The company specializes in wholesale of china and glassware and cleaning materials, wholesale of household goods, and retail sales via mail order and internet. Its website highlights a range of products catering to various household and cleaning needs.
Financially, Better Wholesale Ltd shows a mixed picture. Current assets decreased by 8.3% to £82,000, while cash reserves dropped 19% to £3,600. Trade debtors also fell by 22%, suggesting improved collection of payments. However, creditors increased slightly, and equity rose significantly by 98%, which is a positive sign. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decline in cash reserves could be a concern. As a small company, it is exempt from an audit, so the accounts are unaudited.
Overall, Better Wholesale Ltd appears to be a solid, albeit small, business with a good online reputation. The increase in equity suggests that the company may be reinvesting in its business, but the drop in cash reserves warrants monitoring.
Registered in England/Wales under the registration number 13977050, with a registered address at M8 8AQ, United Kingdom, Manchester, Greater Manchester, Unit 1, Cheetwood House, Cheetwood 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
- Ihsan Shabir
- 3 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ihsan Shabir
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 5 pages pdf report
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
FAQ about Better Wholesale Ltd
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