As Wholesalebuy Ltd

Wholesalebuy As Ltd from Manchester UK: a small, active company founded five years ago, employs two people, and holds £83,026 in assets. It's a solo-founder operation with a real address and a single director. The company operates an e-commerce site and regularly exports printed materials like books and newspapers—three months of export activity recorded as of September 2023—but only irregularly imports paper and paperboard products, with just two months of import activity.

The company’s website showcases a wholesale clearance marketplace, offering a wide range of products from clothing and footwear to jewellery and home accessories. It’s a place where buyers can find deals on bankrupt and liquidation stock, with no account needed to buy. The site emphasizes a wide selection, competitive pricing, and a no-reserve auction format—a common strategy for liquidating excess inventory. It even has a blog, though it’s not frequently updated.

Financially, Wholesalebuy As Ltd presents a mixed picture. Current assets increased slightly to £83,000, while creditors decreased by 0.39% to £77,000. Bank overdrafts remained steady at £1,100, and cash on hand held at £650. Equity increased by 31% to £6,500, but the company’s net assets and liabilities remain relatively low. The company meets two of the three criteria to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit.

The company’s irregular import activity and reliance on clearance stock suggest a business model focused on opportunistic sourcing and quick turnover. While the e-commerce site appears active, the relatively low equity and reliance on clearance stock could indicate a need for greater financial stability—though the recent increase in equity is a positive sign.

Registered in England/Wales under the registration number 11977556, with a registered address at M25 0FF, Manchester, Prestwich, 37 Windsor Road.

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