Quinn Wholesale Ltd

Quinn Wholesale Ltd from Gravesend UK: a small, active company founded two years ago, employs just one person, and holds £3,334 in assets. With a real address and a single director and owner – a solo founder – it’s a compact operation. The company’s activities are centered around retail sales via mail order and internet, operating within the broader retail sector.

While the business is small, meeting two of three conditions to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its financial picture is a bit concerning. The company reported a loss of -£2,300 for the year, with revenue at just £6,300. The cost of sales was £8,600, indicating that the company is spending more than it’s earning. Current assets are at £3,300, and equity is also at £3,300. There's no mention of an auditor, which is common for small companies.

The financial data suggests Quinn Wholesale Ltd is burning through money. While it has a real address and is active, the lack of profit and dwindling cash reserves raise questions about its long-term viability. The single employee may be the owner, working to keep the business afloat. It’s possible the company is still in its early stages, and these losses are part of the startup phase—but a turnaround will be needed to ensure its survival.

Registered in England/Wales under the registration number 14325415, with a registered address at DA11 7LH, England, Gravesend, 188 Wrotham Road.

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