Magaza Wholesale Limited

Magaza Wholesale Ltd, based in London, UK, is a small, active company established ten years ago in 2014. With seven employees and £416,138 in assets, it’s a modest operation led by one director and owner. Google users rate it a perfect 5.0 based on thirteen reviews, reflecting a positive customer experience. The company regularly imports cereal and milk-based food products, totaling 251 months of import activity, with the latest shipment arriving in February 2025.

The business operates within the non-specialised wholesale of food, beverages, and tobacco industries, essentially acting as a distributor. While a website isn’t available to examine, its import focus suggests a business-to-business model rather than direct-to-consumer e-commerce. It’s likely they supply retailers or other wholesalers.

Financially, Magaza Wholesale Ltd presents a mixed picture. Current assets have decreased by 6.9% to £420,000, while net assets have fallen by 27% to £110,000. Cash bank on hand has also seen a decline, dropping 9.5% to £7,500. However, creditors have decreased by 27% to £26,000, which could indicate improved debt management. Trade debtors have seen a significant drop of 42%, suggesting quicker payment collection. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the decrease in equity is a concern. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Magaza Wholesale Ltd seems to be navigating a period of adjustment. While it maintains a positive reputation and a steady import stream, the declining assets and equity suggest a need for careful financial management. The company's long-term success will depend on its ability to stabilize its financial position and capitalize on its established import network.

Registered in England/Wales under the registration number 09296878, with a registered address at NW10 6JZ, London, Unit 1 Cullen Way Off Gorst Road, Park Royal.

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