London Wholesalers Limited
- Small
- Active
- 16 years
- 10 employees
- £361,423 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Irregular exporter
- Solo founder
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
London Wholesalers Ltd, based in London, UK, is a small, active company established sixteen years ago. With ten employees and £361,423 in assets, it operates from a real address and is led by three directors and a solo founder, Aghaei Seyed Abdollah. The company regularly imports edible fruits and nuts – a consistent activity over the past 158 months, with the latest shipment arriving in February 2025 – and occasionally exports prepared or preserved plant-based foods, with the last export recorded in March 2021.
The company’s website, London Wholesale, showcases a wide range of products spanning automotive, baby care, electrical goods, gardening supplies, and much more. It’s clear they operate an e-commerce business, offering a diverse catalogue accessible online. The site lists categories like "Catering," "Locks," "Toys Games," and "Vaping Products," suggesting a broad target market and a comprehensive inventory. They even have a section for "Season Seasonal Goods," indicating a focus on holiday and event-related items.
Financially, London Wholesalers Ltd presents a mixed picture. While cash bank on hand remained relatively stable at £41,000, creditors increased significantly by 140% to £13,000. Bank borrowings decreased by 48% to £75,000, which is a positive sign. Net assets, however, declined by 26% to £110,000. The company's small size—meeting two of three conditions to be classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for flexibility, but the increase in creditors warrants attention. The company's unaudited financial statements, prepared by ZA Ltd, don't mention an auditor, which is typical for small, exempt companies.
The increase in creditors, despite the decrease in bank borrowings, suggests the company may be burning through cash to maintain operations. While the regular import activity indicates a stable supply chain, the irregular export activity and the overall financial trends raise questions about long-term sustainability. It's likely the company is working to manage its working capital effectively to navigate these challenges.
Registered in England/Wales under the registration number 06833427, with a registered address at NW10 6HJ, England, London, 46 Minerva Road Minerva Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 6
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 4
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2025-01-02 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 10 pages pdf report
-
Director's details changed for Mr Seyed Abdollah Aghaei on 2024-12-20Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about London Wholesalers Limited
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