Wholesave Limited

Wholesave Ltd, based in Leigh On Sea, UK, is a small holding company with an active status, established eleven years ago in 2014. The company employs eight people and holds £1,579,664 in assets, operating from a virtual address – a point to note as seventy-nine companies share the same location. With two directors and one owner, Wholesave focuses on importing and exporting essential oils and perfumes, with a consistent record of 126 months of imports and 100 months of exports.

The company’s website highlights its commitment to “unbeatable brands with unmatched prices,” emphasizing over 50 years of combined industry experience. It operates a distribution center in Rettendon and an office in Leigh On Sea, catering to commercial customers. Wholesave’s website also features a piano restoration business, which seems to be a different venture altogether.

Looking at the financials, Wholesave’s cash reserves have seen a dramatic increase, soaring by 15,000%, reaching £260,000. However, bank borrowings have decreased by 46%, dropping to £12,000. Creditors have also decreased significantly, falling by 54% to £40,000, suggesting improved debt management. While net assets increased by 8.6%, reaching £390,000, trade debtors have decreased by 16%, which could be a sign of tighter credit control. The company’s size—meeting two of three conditions for a small company—allows for agility, but the increase in cash reserves may indicate a period of reduced spending or a successful sales push. There is no auditor mentioned, which is likely due to the company’s small size and exemption from an audit.

Overall, Wholesave Ltd appears to be financially stable, with positive trends in cash flow and debt management. The company’s focus on essential oils and perfumes, combined with its long-standing relationships with clients, positions it well for continued success.

Registered in England/Wales under the registration number 08850121, with a registered address at SS9 1PE, England, Leigh On Sea, Essex, 57a Broadway.

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