Nationwide Electrical & Security Wholesalers Limited

Nationwide Electrical And Security Wholesalers Ltd from Wolverhampton UK: a small company with an active status, founded six years ago, employs eight people, and holds £987,777 in assets. It's a real address, managed by three directors and three owners, and operates as a family business with a stellar 5.0 Google rating based on 44 reviews. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of import activity recorded in the last two years.

The company's website highlights its role as a leading electrical wholesaler in Wolverhampton, offering a wide range of services, including LED lighting, bespoke solutions, lighting design, and safety & security systems. It also boasts a massive product range and expert advice. The site details a showroom, trade shows, and contact information, and even mentions Amo Singh, with over 25 years of experience. The company sells both online and through a trade counter, serving the Midlands and the rest of the nation. It’s a pretty impressive operation for a smaller business.

Financially, Nationwide Electrical & Security Wholesalers Ltd shows some interesting trends. Accumulated amortisation impairment for intangible assets increased by 23%, while depreciation for plant machinery rose by 13%. Bank borrowings decreased by 38%, and cash bank on hand increased by 8.4%. Creditors decreased by 18%, suggesting improved debt management. However, the company's net assets increased by 22%, and the company’s turnover is less than £10.2 million, balance sheet total less than £5.1 million, and average number of employees less than 50, which means it is a small company. There's no auditor mentioned, which is likely due to its small size and exemption from an audit.

Overall, Nationwide Electrical & Security Wholesalers Ltd appears to be financially stable, but the rise in accumulated amortisation and depreciation could indicate aging equipment or a need for investment. The company’s family-run structure and strong online presence suggest a resilient business model, and the high Google rating points to satisfied customers.

Registered in England/Wales under the registration number 11577842, with a registered address at WV2 2JW, United Kingdom, Wolverhampton, 247 Bilston Road.

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