Rs Wholesale Limited

Rs Wholesale Ltd, based in Hillingdon, UK, is a small, active company founded seven years ago. Despite a 5.0 Google rating from just two reviews, the business faces some financial and administrative challenges. With a single director and owner – a solo founder – and just one employee, the company holds £114,296 in assets and operates from a virtual address where 113 other companies are also registered. It’s been three years since the last accounts were filed and two years since the last confirmation statement, suggesting potential administrative oversight.

The company's website reveals a focus on supplying retail business supplies, consolidating goods not for resale (GNFR) and offering a range of products including cleaning supplies, print management, and food preparation packaging. It caters to diverse retail businesses, from fuel and grocery retailers to university campus stores, aiming to improve efficiency and productivity through a definitive range of supplies. The site highlights fast delivery, exceptional value, and a focus on sustainability.

Financially, Rs Wholesale Ltd presents a mixed picture. While current assets increased by 78% to £110,000, net assets also increased by 43% to £18,000. Bank borrowings remained steady at £50,000, and cash reserves saw a significant boost, rising 190% to £15,000. However, trade debtors increased by 68%, which could indicate challenges in collecting payments. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely reflects its status as a small, exempt company.

The company’s irregular import activity—just two months of importing optical and medical tools and devices—suggests a fluctuating supply chain. While the business appears to be focused on providing comprehensive retail solutions, the financial data and administrative delays raise questions about its long-term stability.

Registered in England/Wales under the registration number 10887002, with a registered address at UB10 0NX, England, Hillingdon, Middlesex, 1 Agincourt Villas, Uxbridge Road.

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