Sourcing4u Limited

Sourcing4U Limited, based in Norwich, UK, is a small, family-run business that’s been active for two decades. With eight employees and £969,068 in assets, it operates from a virtual address – a detail worth noting as 143 companies share the same location. The company is run by three directors and owned by Masters Julie Anne and Masters John, with the ownership list changing seven years ago. Its Google rating stands at a respectable 4.0 based on ten reviews, showcasing a generally positive customer experience.

Primarily an e-commerce site, Sourcing4U Limited specializes in wholesale and retail, offering a wide array of products from around the world. The website highlights unique and unusual items, ranging from DIY garden supplies and health & beauty products to office essentials and pet accessories. A particularly interesting aspect is the inclusion of "The Executioner" branded products – a quirky addition to its diverse inventory. The site also features a section dedicated to "Winter Wise" products, suggesting seasonal offerings.

Financially, Sourcing4U Limited presents a mixed picture. While cash reserves saw a significant boost, increasing by 120% to £340,000, net assets also rose by 22% to £840,000. However, creditors increased by 25% to £190,000, and net losses deepened to -£23,000. Trade debtors rose by 13% to £49,000, suggesting some challenges in collecting payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 49 employees. The lack of an auditor mentioned is consistent with its status as a small, exempt company.

The company is a regular importer of electrical machinery and equipment, with 31 months of import activity recorded, the last in January 01, 2025. Export activity is more sporadic, with just two months of activity recorded in November 01, 2023. Overall, Sourcing4U Limited appears to be navigating the challenges of a small e-commerce business, balancing growth with financial stability.

Registered in England/Wales under the registration number 05225723, with a registered address at NR1 4DJ, England, Norwich, 7 The Close.

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