East Wholesale Ltd

East Wholesale Ltd is a small, active holding company based in Bury St. Edmunds, UK, founded just one year ago in May 2023. The company, with a single employee and £3,409 in assets, operates from a virtual address – a point of note as twenty-four companies share the same location. It’s overseen by one director and one owner, although the owner list may not be exhaustive.

The company’s website showcases a wide range of products, from automotive parts and baby supplies to tech gadgets and sports equipment. It appears to be primarily an e-commerce operation, offering wholesale deals on a variety of in-demand items. The site’s layout, with its product images and “Shop Now” buttons, is typical of an online retailer aiming to attract bulk buyers. A mission statement highlights the company's goal to source products that help businesses grow.

Financially, East Wholesale Ltd presents a mixed picture. While the company is small, meeting two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a negative -£4,400. Bank balances have dropped to £2,900, and net current assets are a negative -£4,900. Creditors have remained steady at £8,300, suggesting consistent payment management. The lack of a reported auditor is consistent with its status as a small, exempt company.

The company’s financial situation suggests it may be burning through cash, although it’s difficult to say for sure without more detailed information. The fact that it’s a holding company, with a single employee, suggests a lean operational structure, but the negative equity raises concerns about its long-term viability.

Registered in England/Wales under the registration number 14857283, with a registered address at IP28 7DE, United Kingdom, Bury St. Edmunds, Suffolk, Unit A 82 James Carter Road, Mildenhall.

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