Warehouse Brands Group Ltd

Warehouse Brands Group Ltd is a small, active company based in Liverpool, UK, founded just three years ago in 2021. With £1,640,446 in assets and a real registered address, it's a family business with two directors and two owners, employing twenty-nine people. The company operates in the retail sale of carpets, rugs, and floor coverings, as well as the wholesale of wood, construction materials, and sanitary equipment. Its website, Warehouse Brands, showcases a range of flooring options and related products, suggesting an e-commerce presence alongside potential wholesale operations.

The company regularly imports wood and wood products, with four months of import activity recorded, the last in May 2024. It also exports these products, though less frequently, with just two months of export activity as of August 2022. This suggests a focus on importing raw materials and potentially distributing finished goods, or perhaps a fluctuating export market.

Financially, Warehouse Brands Group Ltd shows some concerning trends. Net assets have increased by 83%, reaching £330,000, a positive sign. However, cash reserves have decreased by 160%, falling to £190,000, which could indicate increased spending or delayed payments. Creditors have also increased by 3.2%, reaching £1,400,000, suggesting a reliance on short-term financing. Trade debtors have increased significantly by 36%, reaching £450,000, which could be a sign of customers taking longer to pay. 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 agile, but the increase in creditors and debtors needs to be monitored. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's deferred tax expense credit has decreased by 64%, which could be a result of changes in tax legislation or accounting practices. The increase in future minimum lease payments is also something to keep an eye on, as it could impact the company's cash flow in the future. Overall, Warehouse Brands Group Ltd appears to be a small business navigating the challenges of growth and market fluctuations—it’s important to note that the decrease in employee numbers reported during the period is something to consider, though the reasons behind it are not clear.

Registered in England/Wales under the registration number 13484166, with a registered address at L36 6AN, England, Liverpool, Unit 1 Superstop Building, Wilson Road.

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