Discount Merchant Ltd

Discount Merchant Ltd, based in Bolton, UK, is a small, active company founded just three years ago in 2021. It employs one person and holds £6,064 in assets. Run by a solo founder, Musa Amera, who also serves as director and owner, the business operates in the retail sale via mail order houses or via internet. The company’s registered address is real, shared by only two other businesses.

The company’s website, Discount Builders Merchants Ltd, showcases a focus on building and landscaping materials. It's an e-commerce platform offering a wide range of products, from workwear to safety equipment, targeting both trade and general public customers. The site emphasizes experience, reliability, and competitive pricing, bolstered by positive customer reviews. It seems they are trying to be a one-stop shop for construction and landscaping needs.

Financially, Discount Merchant Ltd presents a mixed picture. While current assets increased slightly to £6,100, net assets remained steady at £2,600. Cash bank on hand, however, decreased by 20% to £1,400. Trade debtors rose by 36%, which could indicate either increased sales on credit or potential payment delays. Interestingly, finished goods also increased by 29%, suggesting a build-up of inventory. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the increase in finished goods and the slight decrease in cash reserves may warrant closer attention. There’s no mention of an auditor, which is common for small companies. The accounts are described as “filleted” and unaudited.

Overall, Discount Merchant Ltd seems to be holding its own, but the slight dip in cash and the rise in inventory suggest it's important to monitor its financial health closely. It’s a small operation with a clear focus, but like many startups, it's navigating the challenges of growth.

Registered in England/Wales under the registration number 13363284, with a registered address at BL3 2JA, England, Bolton, 25 Broad Oak Road.

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