Stationary Wholesale Ltd

Stationary Wholesale Ltd from London UK is a small, active company founded nine years ago. It has £701,296 in assets, a real address, and employs just one person. The company is managed by one director and owner.

The business operates primarily through its website, offering a wide range of products including wholesale stationery, greeting cards, gifts, and household items. It caters to diverse needs, from arts and crafts supplies to computer and electrical equipment, and even Christmas decorations. The website showcases a vast catalog, organized into categories like Arts Craft, Health Beauty, Stationery, and Gifts, with popular brands like Xpress Yourself and Janrax prominently featured. The site also includes clearance and carton offers, suggesting a focus on competitive pricing. It’s clearly an e-commerce operation, selling directly to customers online.

Financially, Stationary Wholesale Ltd’s recent performance presents a mixed picture. While current assets increased by a substantial 82% to £700,000, equity took a significant hit, plummeting 1100% to -£38,000. Bank borrowings also increased dramatically, rising 120% to £50,000, and creditors grew by 52% to £480,000. Cash reserves, however, decreased by 59% to just £210. The company's small size, meeting two of three conditions for a small company, means it avoids a full audit, relying on unaudited accounts. The significant decrease in equity, despite increased assets, is concerning and suggests the company is burning through cash. It’s possible the company has taken on more debt to fuel growth, or that rising costs are impacting profitability.

The company's description in the accounts states liabilities exceed assets by £37,385, but the director considers it appropriate to prepare the accounts on a going concern basis, believing trading conditions will improve.

Registered in England/Wales under the registration number 09578854, with a registered address at NW9 8AU, England, London, Unit 7, Kingsbury Trading Estate,, Barningham Road.

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