Discounts 4 U Ltd

Discounts 4 U Ltd, based in Salford, UK, is a small, active company founded six years ago. With five employees and £295,353 in assets, it operates from a real address and is led by a single director and owner, who is also the solo founder. The company holds a Google rating of 3.0 based on just one review. It's an irregular importer, primarily dealing in cereal and milk-based food products, with recent import activity recorded just two months ago.

The company’s website showcases Discounts4u as a wholesaler of soft drinks, confectionery, and a wide range of FMCG products, including grocery, biscuits, snacks, toiletries, household items, pet food, paper, and smoking supplies. It operates an e-commerce platform with a focus on competitive pricing and offers various deals and promotions, including membership discounts and consumer promotions. The website also features a warehouse and delivery fleet based in Manchester, serving customers throughout the UK with options for collection, delivery, and online payment. Customer testimonials highlight the company’s friendly staff, efficient order process, and diverse product range.

Financially, Discounts 4 U Ltd presents a mixed picture. Cash bank on hand has significantly increased by 210%, jumping to £190,000, a positive sign. However, net assets have surged by an impressive 2200%, reaching £35,000, likely due to a substantial increase in retained earnings. Creditors have risen by 69%, reaching £270,000, and trade creditors have increased by 160%, suggesting a reliance on credit from suppliers. The number of employees has decreased by 20% to four, which could be a result of streamlining operations or seasonal fluctuations. Despite these changes, the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. With no auditor mentioned, the figures are unaudited.

Overall, Discounts 4 U Ltd appears to be navigating a period of growth and change. The company’s increased cash reserves and improved equity position are encouraging, but the rise in creditors warrants monitoring.

Registered in England/Wales under the registration number 11446342, with a registered address at M7 1TW, United Kingdom, Salford, Lancashire, Unit 3a Springfield Park, Cottenham Lane.

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