W & E Wholesale Ltd

W & E Wholesale Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded ten years ago in 2014. With just one employee and £1,968 in assets, it's a solo-founded operation managed by a single director and owner. The company maintains a real registered address and boasts a perfect 5.0 Google rating from one review. Primarily, W & E Wholesale Ltd operates in the retail sale via mail order houses or via internet, catering to a niche market.

The company’s website, though currently unavailable, suggests a focus on wholesale distribution. It’s unclear what specific products they handle, but the business model points to a B2B operation, supplying goods to retailers or other businesses. The single employee likely handles all aspects of the business, from sourcing and procurement to order fulfillment and customer service.

Financially, W & E Wholesale Ltd presents a mixed picture. While bank borrowings decreased by 15%, cash reserves have plummeted 91%, leaving just £120 available. Creditors remained relatively stable, but current assets have declined by 39%, dropping to £2,000. Equity also decreased by 2.6%, resulting in net current assets liabilities of -£39,000. Losses remained consistent at -£980. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline warrants attention. No auditor is mentioned, meaning the figures are unaudited.

Overall, W & E Wholesale Ltd appears to be navigating a challenging financial landscape. The decrease in cash reserves and the negative equity suggest the company is burning through money, possibly relying on credit to stay afloat. Whether this is a temporary setback or a longer-term trend remains to be seen—but for now, W & E Wholesale Ltd is relying on its niche market and operational efficiency to weather the storm.

Registered in England/Wales under the registration number 09205575, with a registered address at NE1 3PG, England, Newcastle Upon Tyne, 20 Forth Street, Forth Banks.

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