Manchester Wholesale Limited
- Small
- Active
- 15 years
- 16 employees
- £957,653 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
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
Social media
Summary
Manchester Wholesale Ltd, based in Manchester, UK, is a small, active company founded fifteen years ago in 2009. Employing sixteen people and holding assets of £957,653, it operates from a real address and is managed by one director and owner, Ahmad Farooq. The business regularly imports miscellaneous manufactured goods—six months of import activity recorded—and occasionally exports electrical machinery and equipment, with two months of export activity.
The company’s website showcases a wide range of products, from cookware and cleaning supplies to electronics and workwear. It appears to operate primarily as an online retailer, with categories like "Home, Garden & Leisure" and "Tools & Accessories" prominently featured. The site offers various brands and products, including HIBACHI branded fans and heaters, alongside a selection of cleaning tools and PPE. It seems to cater to both retail and commercial customers, with a focus on competitive pricing and a 30-day return policy.
Financially, Manchester Wholesale Ltd exhibits some concerning trends. Cash bank on hand increased significantly by 190% to £120,000, a positive sign. However, creditors rose by 25% to £990,000, suggesting increased reliance on borrowing. Trade debtors decreased by 3.8% to £210,000, which could indicate slower customer payments. Net assets increased by 22% to £24,000, but net current assets liabilities increased by 120% to -£34,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increase in liabilities warrants closer scrutiny. No auditor is mentioned, which is typical for small companies exempt from an audit.
Overall, Manchester Wholesale Ltd appears to be navigating a period of growth and change. While the increase in cash is encouraging, the rise in liabilities suggests a need for careful financial management to ensure long-term sustainability.
Registered in England/Wales under the registration number 07091663, with a registered address at M8 8AT, England, Manchester, Caplan House, 65 Derby Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 15 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-12-01 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-12-31Download 5 pages pdf report
-
Confirmation statement made on 2023-12-01 with no updatesDownload 3 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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Similar exporters
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FAQ about Manchester Wholesale Limited
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