Led Wholesale Exchange Limited

Led Wholesale Exchange Limited, based in London, UK, is a small, active company founded fourteen years ago in 2011. With just one employee and £246 in assets, it’s a solo-founded operation led by a single director and owner. The company operates in the wholesale of household goods and is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of November 2018. It's a real address, with only five companies registered there.

The company’s website, while not explicitly detailed, suggests a focus on wholesale distribution. The business operates in the wholesale of household goods (other than musical instruments) n.e.c. industries. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees).

Financially, Led Wholesale Exchange Limited presents a concerning picture. Net assets plummeted 1.5% to -£160,000, while cash bank on hand dropped 98% to just £130. Bank borrowings increased by 8.6% to £42,000, and creditors remained steady at £120,000. Trade debtors decreased by 70% to £14. The company’s small size helps it stay agile, but the significant equity decline raises questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the company maintains an active status, the financial data suggests it’s struggling to generate profit and is burning through cash. Whether it can turn things around remains to be seen—but for now, Led Wholesale Exchange Limited is navigating a challenging economic climate.

Registered in England/Wales under the registration number 07566531, with a registered address at NW4 2HN, England, London, 2 The Crest.

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