Wholesale Alba Ltd

Wholesale Alba Ltd from Newbridge UK: small company, active status, founded 2 years ago, 2 employees, real address, 1 director, 8 owner, solo founder. Regular importer of headgear and accessories (5 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company was founded two years ago on November 28, 2022, and registered at EH28 8TP, Scotland, Newbridge, Block C, Unit 2, Clifton Trading Estate. The address is probably real as only three companies registered at the same address. Its status is active.

The company operates in the wholesale of textiles, the wholesale of clothing and footwear, and the wholesale of watches and jewellery. Its website, Alba Wholesale, features sections for delivery, sourcing, and contact information, along with a PDF catalog. The site also includes login and registration options for both administrators and sales representatives, and a separate login for delivery personnel. A prominent "About" section highlights the company's location at Unit C2, Clifton Trading Estate, and offers a contact form for inquiries. It seems to be primarily a B2B operation rather than a direct-to-consumer e-commerce site, with a focus on facilitating wholesale sourcing and delivery. There's no visible shopping cart or product listings, suggesting a business-to-business model where orders are likely placed directly.

Financially, Wholesale Alba Ltd presents a concerning picture. While the company’s small size helps it stay agile, net current assets liabilities have plummeted to -£16,000, and retained earnings are also negative at -£16,000. Creditors remain steady at £16,000, but the lack of positive equity is a red flag. 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It's a bit worrying that the company is operating at a loss, but it's possible that it's a new venture still building momentum.

Registered in Scotland under the registration number SC751621, with a registered address at EH28 8TP, Scotland, Newbridge, Block C, Unit 2,, Clifton Trading Estate.

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