The Wholesale Stationery Company Limited

The Wholesale Stationery Company Limited is a small, active business based in London, UK, established 14 years ago in 2011. With four employees and £55,934 in assets, it operates from a real address in Southgate and is managed by one director and owner. The company regularly imports miscellaneous manufactured goods, with the last import activity recorded six months ago.

The company's website showcases a wide range of stationery items, including children's colouring books, artist materials, and unique imported products. It’s an established e-commerce store, and recently announced it’s the UK distributor for SunStar, a Japanese stationery company known for its innovative products. The site offers free shipping on orders over £25 and encourages customers to subscribe to a newsletter for discounts.

Financially, The Wholesale Stationery Company Limited presents a mixed picture. Current assets have decreased by 31% to £56,000, while net assets have fallen dramatically by 89% to just £1,400. Bank borrowings have also decreased by 29%, and cash reserves have dropped by 38% to £11,000. Creditors have decreased by 29%, and trade debtors have fallen by 26%. 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 stay nimble. The accounts are unaudited and exempt, and there is no auditor mentioned.

The decline in equity is a notable concern, suggesting the company may be burning through cash. The company’s focus on imported goods and its partnership with SunStar could be a source of growth, but it also introduces complexities in terms of supply chain management and currency fluctuations.

Registered in England/Wales under the registration number 07540697, with a registered address at N14 5JR, London, 1st Floor, 10 Hampden Square Southgate.

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