Kiddy Wholesale Ltd

Kiddy Wholesale Ltd from Torquay UK: a small, active company established fifteen years ago, employs seven people, and holds assets valued at £490,220. It operates from a virtual address, managed by five directors and a single owner. The company regularly imports toys, games, and sports equipment—a consistent activity spanning sixteen months, with the most recent import occurring in August 2024—while exporting these same items sporadically, with just two months of export activity recorded as of June 2023.

The company’s website paints a picture of a specialist sea tackle wholesaler, a leading supplier in the UK, and a family-owned business with a history stretching back to 1955. It supplies well-known brands like Nomura, Imax, and Sakura, and also boasts its own award-winning Sidewinder Lures and SeaTech lines. The website also highlights a separate division, 1066 Pianos, specializing in high-end piano restoration—a surprising, yet potentially lucrative, diversification.

Financially, Kiddy Wholesale Ltd shows a mixed picture. Current assets have decreased by 7.6% to £490,000, while bank borrowings have remained steady. However, cash reserves have fallen by 11% to £100,000, and trade debtors have decreased significantly by 40% to £110,000. Creditors have also seen a substantial drop of 44%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small business—allows for flexibility, but the decline in cash reserves warrants closer attention. The unaudited accounts, as is common for small companies, rely on director-reported data.

It appears Kiddy Wholesale Ltd is navigating a period of adjustment, balancing its core wholesale business with the potential of its piano restoration venture. Whether this diversification will prove successful remains to be seen, but the company’s established brand and specialist focus provide a solid foundation.

Registered in England/Wales under the registration number 06894359, with a registered address at TQ2 7TD, Torquay, Devon, Petitor House, Nicholson Road.

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