Jm Wholesale Limited

JM Wholesale Ltd, based in Leicester, UK, is a small holding company with an active status, established eight years ago. Employing 48 people and holding assets of £1,072,089, the company operates from a real address and is managed by one director and owner. It’s a regular importer of plastics and plastic products (15 months) and a consistent exporter of electrical machinery and equipment (48 months).

The company’s core business revolves around wholesale distribution, evidenced by its extensive product catalog spanning vaping devices, eliquids, accessories, and related goods. It caters to trade customers, offering a wide selection of brands and product types. The website prominently features a "BOGOF Sale" and emphasizes fast shipping and dropshipping services. It also offers a white label service for various products, suggesting a focus on business-to-business relationships.

Financially, JM Wholesale Ltd has seen some notable shifts. Accumulated amortisation and depreciation on property, plant, and equipment have increased significantly, indicating investment in assets, with a 110% increase in computer equipment depreciation. However, cash reserves have declined by 18%, dropping to £300,000, and current assets have also decreased by 25%, settling at £1,100,000. Creditors have been reduced by a substantial 43%, which could reflect improved debt management, and bank borrowings have fallen by 44%. Equity, however, has seen a positive trend, increasing by 50% to £520,000. The number of employees has increased by 23%, rising to 59.

These changes suggest a period of investment and potentially, some cash flow challenges. The company's small size (meeting two of three criteria for a small company) allows for agility, but the drop in cash reserves warrants attention. The lack of an auditor mentioned is consistent with its status as a small, exempt company. The company's focus on wholesale distribution, combined with its online presence and diverse product range, positions it to continue serving the vaping and related industries.

Registered in England/Wales under the registration number 10569027, with a registered address at LE8 6LA, England, Leicester, Leicestershire, 1 Brook Street, Whetstone.

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