Thingwall Wholesale Limited

Thingwall Wholesale Limited, based in Wallasey, UK, is a small, active company established fifteen years ago. With nine employees and £230,580 in assets, it operates from a virtual address shared by seventeen other companies, a detail that warrants closer inspection. The business is led by a solo founder and director, Langley John Reynolds, and maintains a stellar 5.0 Google rating from 134 reviews. It’s an irregular importer, primarily dealing in printed materials like books, newspapers, and pictures, with the most recent import activity occurring two months ago in January 2025. The company’s website, while not providing specific details, suggests it operates in the retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores.

While the company’s Google rating speaks volumes about customer satisfaction, the financial data presents a more complex picture. Accumulated depreciation on property, plant, and equipment has increased significantly, by 100%, over the past year, with land, buildings, plant, machinery, and vehicles all contributing to this rise. Bank borrowings have decreased considerably, down 63%, while cash bank on hand has fallen 16% to £42,000. Creditors have increased substantially, up 99%, and trade debtors have doubled, suggesting potential issues with customer payments. Despite these challenges, current assets have increased by 40%, indicating a boost in overall liquidity.

The company’s small size—meeting two of three criteria for a small business—allows for agility, but the increase in creditors and the decrease in cash reserves are concerning. The significant increase in other debtors, up 3,800%, is a particularly noteworthy trend that warrants further investigation. The lack of an auditor, common for small companies, means the figures are unaudited. Overall, Thingwall Wholesale Limited seems to be navigating a period of change, with both positive and negative financial signals.

Registered in England/Wales under the registration number 06961300, with a registered address at CH44 4BT, Wallasey, 255 Poulton Road.

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