Wanis Limited

Wanis Limited, based in London, is a large holding company with a long history, having been established 61 years ago. The company, which employs just three people, boasts significant assets of £42,893,841 and generates an impressive £139,597,543 in revenue annually. It maintains a real address and is overseen by three directors and a single owner. Wanis operates an e-commerce site and enjoys a solid 4.0-star Google rating from 160 reviews. It’s a regular importer and exporter of prepared or preserved plant-based foods, with 753 months of import activity and 313 months of export activity recorded.

The company's website, worldfoodwholesalers.co.uk, highlights Wanis as a leading distributor of world foods, serving retailers, restaurants, and food businesses. They offer a vast selection of 7,000 products from over 900 brands, sourcing ingredients from Africa, Asia, the Caribbean, Latin America, the Mediterranean, the Middle East, and the USA. The site emphasizes quick delivery and a well-stocked cash-and-carry operation, alongside international export services. It also features a blog showcasing various food brands and recipes.

Financially, Wanis Limited demonstrates a mixed picture. While current assets increased by 6.3% to £43 million, net assets also rose by 21% to £30 million. However, bank borrowings decreased significantly by 91% to just £74,000, and cash reserves grew by 22% to £5.4 million. Creditors also decreased by 15% to £16 million. The company’s size (meeting two of three criteria for a large company) suggests it’s a substantial player in the wholesale market. The absence of a mention of an auditor likely means the financial statements are unaudited.

The company’s financial trends indicate a period of stabilization and improved liquidity. The decrease in bank borrowings and increase in cash reserves suggest better financial management. While the company’s revenue is substantial, the net loss deepened to -£41 million, which may be due to increased operating expenses. The company’s continued success hinges on maintaining its strong supplier relationships and adapting to evolving consumer preferences in the world food market.

Registered in England/Wales under the registration number 00795535, with a registered address at E10 7FE, Orient Way, London, Golden House, Golden Business Park.

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