Mount Cash & Carry Ltd

Mount Cash And Carry Ltd from Ipswich UK: small company, active status, founded 3 years ago, £47,047 assets, real address, 1 director, 1 owner. Regular importer of drinks, alcohol, and vinegar (22 months imported). Irregular exporter of drinks, alcohol, and vinegar (1 months exported). It’s a small, family-run wholesale business based in Ipswich, UK, with an active trading status. Founded three years ago, the company has just one director and owner, Singh Sarabhjeet, at the helm. It holds £47,047 in assets and operates from a real address on Hadleigh Road Industrial Estate.

The company's primary focus is the wholesale of household goods, including drinks, alcohol, and vinegar. It’s a regular importer of these products, with 22 months of import activity recorded, the latest in November 2024. Export activity is less frequent, with just one month of activity recorded as of September 01, 2024. Its website, Everest Cash Carry UK, showcases a vast range of products, from confectionery and soft drinks to wines and household cleaning supplies. The site operates as a full-fledged e-commerce platform, complete with product categories, quick view options, and a shopping cart.

Financially, Mount Cash & Carry Ltd presents a mixed picture. Current assets have plummeted by 64%, dropping to £47,000. Bank borrowings have increased significantly, and cash reserves have also decreased. Creditors have also decreased, suggesting better debt management. The company meets the criteria for a small company – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company's financial statements, prepared using VT Final Accounts, show a decline in equity and net assets.

Despite the financial challenges, Mount Cash & Carry Ltd appears to be actively engaged in online retail and wholesale. The website’s extensive product range and competitive pricing suggest a focus on customer acquisition and market share. However, the sharp decline in assets and increased borrowings raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 13870729, with a registered address at IP2 0UG, England, Ipswich, 11 Dunlop Road, Hadleigh Road Industrial Estate.

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