Peach Wholesale Ltd

Peach Wholesale Ltd, based in Manchester, UK, is a small, active company founded 10 years ago in 2014. Employing just three people, it holds assets of £336,604 and operates from a real address. The company is led by a single director and owner, Li Wen Juan, who also serves as the sole officer. Peach Wholesale specializes in importing clothing and accessories made by knitting or crocheting, with a consistent record of 128 months of import activity.

The company’s operations encompass wholesale of clothing and footwear, retail sales via mail order and internet, and other retail sales in non-specialized stores. It's a private limited company, and the accounts are unaudited, a common exemption for small companies. The company’s website is not available, making it difficult to determine if it operates an e-commerce platform.

Financially, Peach Wholesale Ltd shows a mixed picture. Cash bank on hand has dramatically increased by 360%, reaching £210,000, a positive sign. However, creditors have surged by 2,300%, now standing at £330,000, which could indicate increased borrowing or extended payment terms. Current assets have also increased by 1,600%, reaching £340,000, while net assets have decreased by 13%, now at £12,000. The company’s size—meeting two of three criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for flexibility, but the decline in equity warrants attention. Despite the increase in debtors, the decrease in depreciation impairment is a positive sign. The company's financial statements are prepared under FRS 102.

Overall, Peach Wholesale Ltd appears to be navigating a period of change. While its cash position has improved, the increase in liabilities suggests a need for careful financial management.

Registered in England/Wales under the registration number 09168260, with a registered address at M8 8HW, England, Manchester, Unit 53 Derby Street.

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