Tengen Wholesalers Ltd

Tengen Wholesalers Ltd from Reading UK: small company, active status, founded 1 year ago, £1,096 assets, real address, 1 director, 1 owner, solo founder. This fledgling business operates in the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company was founded on May 07, 2023, and registered at RG30 1BS, England, Reading, 109 Audley Street. The address is probably real as only one company registered at the same address. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website, tungenwholesalers.com, showcases a range of products and services. It's clearly an e-commerce operation, with a focus on quick starts and product catalogues. The site emphasizes a team striving to accomplish something, and provides contact information for queries. It’s a simple, clean design, typical of a small online retailer. The website copyright is for 2025, suggesting a forward-thinking approach.

Financially, Tengen Wholesalers Ltd is showing some concerning trends. Current assets are at just £1,096, and net assets are at -£2,100. This indicates the company is operating at a loss and is technically in debt. Cash bank on hand is a mere £140, and creditors are at £3,200. The lack of employees (zero reported) suggests a lean operation, but the negative equity is a worry. The accounts are abridged and unaudited, with Taxfiler used for production, and MAH CLOUD ACCOUNTANCY LTD as the accountants. The company is entitled to exemption from audit under section 477 of the Companies Act 2006. It’s likely that the company is burning through money, but it's too early to say if this is a temporary situation or a longer-term challenge.

Registered in England/Wales under the registration number 14851368, with a registered address at RG30 1BS, England, Reading, 109 Audley Street.

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