Maxi Wholesale Ltd

Maxi Wholesale Ltd from Mansfield UK: small company, active status, founded 2 years ago, 1 employee, £4,020 assets, real address, 1 director, 1 owner, solo founder, e-commerce site. It’s a small business, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company operates in the retail sale via mail order houses or via internet industries. Tait Harry Richard John is both the director and owner, and the sole employee.

The company’s website, Go Wholesale UK, is a bustling online marketplace for wholesale fashion clothing. It offers over 80,000 products with 90-day payment terms, targeting businesses looking to stock their stores. The site features a wide range of clothing, accessories, and even home goods, catering to diverse tastes and budgets. It emphasizes ease of cashflow with 90-day credit terms and fast shipping, and has a broadcast messaging system to keep customers updated on new products. The site is very professional, and it’s clear that the company is focused on providing a user-friendly experience for wholesale buyers.

Financially, Maxi Wholesale Ltd’s numbers are a bit of a mixed bag. Cash bank on hand has seen a massive increase, jumping from £410 to £3,700 – a positive sign. However, trade debtors have plummeted, dropping from £3,000 to just £50, which could indicate difficulties collecting payments. Current assets are up slightly to £4,000, but creditors have decreased to £2,400. The company’s small size and lack of an auditor (likely exempt due to its size) means the numbers are unaudited. Equity has increased to £2,000, which is good, but the low asset base and fluctuating debtor levels suggest the business is operating on tight margins. It seems like they are managing to grow, but it’s a delicate balance.

Registered in England/Wales under the registration number 14349393, with a registered address at NG19 6HG, England, Mansfield, 236 Westfield Lane.

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