Korona Wholesale Ltd

Korona Wholesale Ltd, based in West Bromwich, UK, is a small, active holding company established sixteen years ago. With four employees and £3,191,025 in assets, it operates a real address and is overseen by two directors and three owners. The company runs an e-commerce site and regularly imports drinks, alcohol, and vinegar—a consistent pattern over the past 306 months, with the latest import in February 2025. It's a holding company, meaning it likely owns other businesses, and its core activity involves the non-specialised wholesale of food, beverages, and tobacco.

The company’s website, Korona Polish Shop Cash and Carry, promotes itself as a fast-moving consumer goods wholesaler, emphasizing convenience and quality. It caters to businesses across the UK, offering a cash-and-carry approach and a wide range of products, including a substantial selection of beer and alcohol. Testimonials highlight the well-stocked inventory, helpful service, and attractive prices. The site also features a gallery showcasing products and promotional offers, encouraging businesses to “work together.”

Financially, Korona Wholesale Ltd presents a mixed picture. Current assets decreased by 8.9% to £3,200,000, while net assets increased by 4.9% to £1,700,000. Bank borrowings surged by 94% to £66,000, and cash reserves fell by 5.6% to £220,000. Trade debtors decreased by 18%, which is a positive sign of better payment collection. Creditors also decreased by 12%, suggesting improved debt management. 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 it to remain agile. There's no auditor mentioned, so the figures are unaudited.

Overall, Korona Wholesale Ltd appears to be navigating a period of change. While asset values have shifted, the company’s focus on regular imports and its e-commerce presence suggests a continued effort to serve its customer base. The increase in borrowings, however, warrants monitoring to ensure financial stability.

Registered in England/Wales under the registration number 06618564, with a registered address at B70 7LB, West Bromwich, West Midlands, Unit 2 Kelvin Way.

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