Branded Housewares Limited

Branded Housewares Ltd from Wolverhampton UK is a small, active company founded 19 years ago. With 20 employees and £1,725,725 in assets, it operates from a virtual address and is led by three directors and one owner. The company regularly imports and exports electrical machinery and equipment, having imported for 22 months and exported for 30 months.

The company's website showcases a diverse range of products, from children's clothing and toys to large appliances like dishwashers and washing machines. It also offers graded stock and export opportunities, catering to wholesale buyers. The website highlights a variety of services, including new stock, raw stock, and even container loads, and even offers a showroom gallery. It’s clear that Branded Housewares is a wholesale supplier, selling to trade customers only, and not online retailers like Amazon or eBay.

Financially, Branded Housewares Ltd presents a mixed picture. While cash bank on hand increased by 19% to £230,000, current assets decreased by 9.7% to £1,700,000. Bank borrowings decreased by 32% to £21,000, and trade debtors decreased by 12% to £1,100,000. However, net assets remained relatively stable at £1,600,000. The company’s small size (meeting two of three conditions for being a small company) allows it to remain flexible, but the decrease in current assets could indicate some financial strain. The unaudited accounts, as is common for small companies, rely on director-reported data.

The company’s financial statements indicate a focus on managing debt and maintaining a reasonable cash position. It’s likely that the company is navigating the challenges of a competitive wholesale market, and the decrease in assets could be a result of increased investment or a shift in inventory management strategies.

Registered in England/Wales under the registration number 05704510, with a registered address at WV6 0BW, Wolverhampton, 102 Tettenhall Road.

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