White Stores Limited

White Stores Ltd, based in Wickford, UK, is a sizable company operating as a holding company with an active status. Established 16 years ago in 2008, the business employs 92 people and holds assets valued at £21,871,939. Its yearly revenue reached £40,129,363, with seven directors and one owner overseeing operations. A real address is registered, and the company runs an e-commerce site with a respectable 4.0 Google rating based on 340 reviews. It's a regular importer of furniture, lighting, and prefabricated buildings, with 268 months of import activity recorded.

The company's website showcases a wide range of garden furniture and accessories, from lounge and dining sets to heating solutions and parasols. It operates as a large online retailer, offering various styles and materials, including rattan, metal, and fabric. The site also features a Christmas section, with trees, decorations, and lighting options. Customers can choose from various delivery options and benefit from a "buy now, pay later" scheme.

Financially, White Stores Ltd presents a mixed picture. Accrued liabilities decreased by 17%, while amortisation of intangible assets increased significantly, rising by 110%. Bank borrowings were slashed by 48%, and cash reserves fell by 35%. However, administrative expenses were reduced by a substantial 34%, and deferred tax liabilities were cut by 83%. Turnover decreased by 16%, and net losses deepened, suggesting a challenging period for the business. The company’s average number of employees dropped considerably, decreasing by 60%.

The company is audited by Watson Associates (Audit Services) Ltd, and the financial statements show a trend of cost-cutting measures. While the e-commerce platform appears robust and well-regarded by customers, the financial data indicates a need for careful management and strategic adjustments to ensure long-term sustainability.

Registered in England/Wales under the registration number 06717696, with a registered address at SS11 8YW, England, Wickford, Essex, Unit 8 Capitol Industrial Estate, Fulmar Way.

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