Wholesale Beads Limited

Wholesale Beads Ltd from New Milton UK: a small, active company founded twelve years ago, operates as a family business with six employees and holds £174,822 in assets. It has a real address and is managed by two directors and two owners. The company runs an e-commerce site and regularly imports basic metal tools and utensils, with 22 months of import activity recorded, the last in October 2024.

The company’s website, Wholesale Beads, positions itself as an independent, family-run business providing beads, findings, and tools for craft and bead retailers. It specializes in Miyuki and Beadalon products, offering a wide range of supplies for jewelry making. Retailers can register for an account to view current prices, while individual designers and crafters can access trade discounts through its sister company, CJ Beaders. The site boasts over 65,000 products and emphasizes fast shipments.

Financially, Wholesale Beads Ltd presents a mixed picture. Net assets increased by a staggering 500,000%, reaching £25,000, a significant jump from just £5 reported previously. However, cash bank on hand plummeted 99%, leaving only £15. Bank borrowings increased by 84%, reaching £10,000. Creditors also decreased by 84%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) helps it remain agile. The sharp increase in equity, however, is notable and may reflect retained earnings. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s reliance on imports and its focus on a niche market suggest a business model that’s both vulnerable to supply chain disruptions and potentially well-positioned for growth. The increase in bank borrowings, however, could indicate a need for additional capital to support its operations.

Registered in England/Wales under the registration number 08499790, with a registered address at BH25 7NG, England, New Milton, 42 Sea Road, Barton On Sea.

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