Sherrys Wholesale Limited
- Small
- Active
- 17 years
- 13 employees
- £3,835,989 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Sherrys Wholesale Ltd, based in Greenford, UK, is a small, active company founded 17 years ago in 2007. Employing 13 people, it holds assets totaling £3,835,989 and operates from a real address at Unit 5, West London Business Park. With three directors and one owner, the company specializes in the import and export of essential oils and perfumes, with a consistent record of 143 months of imports and 102 months of exports. Its business is primarily wholesale, catering to trade customers only by appointment, and maintains a minimum order amount of £500.
The company’s website highlights its focus on Afro Hair Products, positioning itself as a wholesaler for ethnic hair products. It operates an online store and emphasizes competitive pricing and fast customer support. The site also mentions a warehouse open to trade customers by appointment, operating Monday to Friday.
Financially, Sherrys Wholesale Ltd shows a mixed picture. Current assets have fallen significantly by 65%, dropping to £3,800,000, while net assets have plummeted 83%, settling at £1,500,000. Bank borrowings have increased by a substantial 2,400%, reaching £29,000, and cash reserves have fallen 21%, to £1,000,000. However, creditors have decreased by 18%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp equity drop is concerning. The company is exempt from an audit as a small company, so the figures are unaudited.
Overall, Sherrys Wholesale Ltd is navigating a challenging financial landscape. While its core business remains active, the decline in assets and equity suggests potential pressures.
Registered in England/Wales under the registration number 06358163, with a registered address at UB6 8UH, England, Greenford, Unit 5, West London Business Park, Long Drive.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 9 months
- 3
-
Resident of United Kingdom
-
Individual
- 9 months
- 3
-
Resident of United Kingdom
-
Individual
- 17 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-12-01 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2024-02-29Download 9 pages pdf report
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Appointment of Mrs Meera Maisuria as a director on 2024-09-14Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Sherrys Wholesale Limited
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