P.b.s Wholesale Ltd

PBS Wholesale Ltd, based in London, UK, is a small, active company founded seven years ago. With five employees and £321,510 in assets, it operates from a virtual address, a detail flagged by the presence of 43 other companies registered at the same location. The business is led by a single director and owner, Pawel Baczmaga, who also serves as the solo founder. It boasts a stellar 5.0 Google rating based on four reviews. PBS Wholesale Ltd regularly imports drinks, alcohol, and vinegar, with its last import activity recorded four months ago.

The company's website reveals a significant warehousing and distribution operation, PBS Warehousing Ltd. This division boasts approximately 60,000 sq. ft of warehousing and offices across three locations in Wiltshire, all within 15 minutes of the M4. It offers services like pallet storage, picking rooms, order fulfilment, and shipping—catering to businesses seeking to expand their online presence. The website highlights competitive pricing, starting as low as £3.00 per pallet per week.

Financially, PBS Wholesale Ltd’s picture is a bit concerning. Current assets have decreased by 5.6% to £320,000, and net assets have fallen significantly to -£56,000. Cash reserves have plummeted 100% to just £1, a worrying sign. Bank borrowings remain steady at £34,000, but creditors have also decreased slightly. The company’s small size (meeting two of three criteria for a small company) provides some flexibility, but the sharp decline in equity suggests it's burning through money. There’s no mention of an auditor, consistent with its status as a small, exempt company. The company's accounts are filleted and unaudited, relying on director-reported data.

Overall, while PBS Wholesale Ltd’s warehousing division appears robust and well-equipped, the core business faces financial headwinds. Whether it can sustain its operations and the warehousing side remains to be seen.

Registered in England/Wales under the registration number 10837142, with a registered address at EC2R 8DD, England, London, Xeinadin, 8th Floor, Becket House,, 36 Old Jewry.

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