Sks Wholesale Limited

Sks Wholesale Ltd, based in Norwich, UK, is a small, holding company with an active status, having been incorporated fifteen years ago in February 2010. The company holds £487,804 in assets and operates from a virtual address registered with 240 other companies, a fact that raises some questions. It’s managed by three directors and owned by two individuals, and runs an e-commerce site. Sks Wholesale is primarily involved in importing machinery, boilers, and mechanical appliances, parts, with a consistent record of 145 months of import activity, the latest in February 2025. It exports these same items, but only irregularly, with just two months of export activity, the last in July 2024.

The company’s website highlights its role as a leading aquatic and koi wholesaler in the UK, offering a wide range of products from pumps and filters to pond construction materials and koi food. It caters specifically to trade customers, emphasizing fast delivery and friendly customer service. The site also features a partnership with Mountain Tree, a Chinese manufacturer of aquatic equipment, showcasing a selection of their products. It’s clear Sks Wholesale is focused on serving the trade market with a comprehensive selection of aquatic supplies.

Financially, Sks Wholesale Ltd presents a mixed picture. Cash bank on hand has significantly decreased by 82%, falling to £56,000. While debtors have increased substantially, rising 230%, reaching £130,000, this could indicate a reliance on credit sales. Liabilities to group undertakings have jumped an astonishing 80,000%, reaching £80,000—a figure that warrants further investigation. Creditors have also decreased by 4%, 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 decline in cash reserves is a concern. With no auditor mentioned, the financial statements are unaudited.

Overall, Sks Wholesale Ltd appears to be navigating a period of change. While its e-commerce presence and trade focus are strengths, the financial data suggests some challenges. The company’s reliance on a virtual address and the sudden increase in liabilities to group undertakings are points to keep an eye on.

Registered in England/Wales under the registration number 07154740, with a registered address at NR1 1UA, England, Norwich, Norfolk, C/O Glx, 69-75 Thorpe Road.

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