T W Wholesale Limited

Tw Wholesale Ltd from Swadlincote UK: small company, active status, founded 34 years ago, 22 employees, £920,631 assets, real address, 4 directors, 3 owners, family business, e-commerce site, google rating 5.0 based on 323 reviews. Regular importer of basic metal tools and utensils (3 months imported). It’s a family-run business operating in the retail sale of hardware, paints and glass in specialised stores. Founded 34 years ago, the company employs 22 people and holds a considerable £920,631 in assets. The company has a real address and is run by four directors and three owners. Its Google rating is a perfect 5.0 based on 323 reviews, and it regularly imports basic metal tools and utensils.

The company operates an e-commerce site and is a regular importer, with its top import category being basic metal tools and utensils, totaling 3 months of imports. The last import operation was conducted on January 01, 2024. The website showcases a wide range of power tools, workwear, and building supplies, catering to both trade and DIY customers. It even offers a selection of garden tools and plumbing equipment. The site is well-organized, with clear categories and a search function, and it proudly displays its association with top brands like DeWalt, Makita, and Milwaukee.

Financially, Tw Wholesale Ltd has experienced some changes. Cash reserves have fallen by 46%, dropping to £170,000, while bank borrowings have decreased by 9.1%, settling at £15,000. Creditors have also decreased by 9.5%, reaching £860,000. On the positive side, debtors have increased by 77%, rising to £230,000. 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 remain agile, but the significant drop in net assets—a 50% decrease to £140,000—raises some concerns. The company is exempt from an audit, so the figures are unaudited.

The company’s financial performance suggests a period of adjustment, possibly influenced by changing market conditions or increased competition. While the e-commerce side appears robust, with a strong online presence and positive customer feedback, the decrease in equity warrants close monitoring. It’s a family business, so it's likely they are managing the business with a long-term view.

Registered in England/Wales under the registration number 02522049, with a registered address at DE11 9EU, Swadlincote, Derbyshire, Unit 11 Ryder Close.

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