Wholesalepack Ltd

Wholesalepack Ltd, based in Boston, UK, is a small, active company founded four years ago. With two employees and £142,489 in assets, it operates from a real address and is managed by two directors and owners. The company is a regular importer, specializing in jewelry, precious stones, and metals, with 23 months of import activity recorded, the last operation occurring in December 2024. Its primary business involves the retail sale of newspapers and stationery in specialised stores.

The company's website, Wholesale Packaging, appears to be under construction, displaying a message indicating the need to enable JavaScript. This suggests a limited online presence or a website currently in development, possibly focused on wholesale distribution rather than direct consumer sales.

Financially, Wholesalepack Ltd presents a mixed picture. Cash reserves increased significantly, jumping 320% to £5,700, a positive sign of improved liquidity. However, current assets decreased by 16% to £140,000, and net assets increased by 100% to £47,000. Bank borrowings were reduced dramatically, falling 69% to £13,000. Creditors also decreased by 34%, suggesting better management of short-term liabilities. The company's size – meeting two of three conditions for a small company – allows for flexibility, but the decrease in debtors by 65% could indicate slower customer payments. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Wholesalepack Ltd seems to be navigating a period of change. The improved cash position is encouraging, but the decline in debtors warrants attention. The company's focus on importing and its retail operations suggest a business that is adapting to market conditions, though its online presence is currently limited.

Registered in England/Wales under the registration number 12924163, with a registered address at PE21 7PA, England, Boston, Unit 25 , Gate 2 Tec Business Park, Riverside Industrial Estate.

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