Express Sourcing Limited
- Active
- Small
- 10 years
- 0 employees
- £1,157,785 (cur assets)
- 1m-15m
- Regular importer
- Real address
- 1 director
- 1 owner
- Solo founder
- Preston
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
Summary
Express Sourcing Limited, based in Preston, UK, is a small, active company founded nine years ago in 2015. It’s a solo founder operation with one director and employee, holding assets of £1,116,216 and operating from a real address. The company regularly imports furniture, lighting, and prefabricated buildings – a total of 86 months of import activity, with the last recorded in June 2022. It’s a private limited company registered in England/Wales with a director, Stefan Walmsley, at the helm.
The company's website, Express Sourcing pvt Ltd, suggests a focus on sourcing and supplying goods, although the exact nature of its retail operations isn’t entirely clear. It operates within the non-specialised wholesale trade industries, a broad category that could encompass a variety of activities.
Financially, Express Sourcing Limited presents a mixed picture. Current assets have increased by 48% to £1,100,000, while net assets have also grown by 41% to £830,000. Cash bank on hand has seen a significant boost, increasing by 160% to £55,000. However, creditors have also risen considerably, up 66% to £290,000. Trade debtors have increased by 44% to £1,100,000. 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 flexibility, but the rise in creditors should be monitored. The accounts are audit exempt and unaudited.
The company’s financial data shows a trend of growth, but also increased liabilities. The substantial increase in debtors suggests the company is extending credit to customers, which could be a strategy to boost sales, but also carries a risk of non-payment. It’s a fairly standard situation for a company in its tenth year, but keeping a close eye on cash flow will be important.
Registered in England/Wales under the registration number 09800132, with a registered address at PR5 0JD, Preston, Lancashire, Brook House Farm Hoghton Lane, Hoghton.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 10 pages pdf report
-
Confirmation statement made on 2025-09-29 with updatesDownload 5 pages pdf report
-
Change of details for Mr Stefan Michael Walmsley as a person with significant control on 2025-06-01Download 2 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Express Sourcing Limited
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