Wtm Trade Supplies Ltd

Wtm Trade Supplies Ltd is a small, active company based in Princes Risborough, UK, founded eight years ago in 2017. With £497,353 in assets and a real registered address, it’s a family business employing just two people and managed by a single director and two owners. The company operates an e-commerce site and is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import operation recorded in April 2024. It operates within the agents involved in the sale of a variety of goods industries.

The company’s website showcases a wide range of products, from gloves and cutting disks to safety equipment and floor protection. It emphasizes competitive pricing, offering to beat any competitor's price or provide a money-back guarantee. The site also features trade prices for registered customers, suggesting a B2B focus alongside potential retail sales. It’s clear they are trying to offer a comprehensive range of products for worksites and industrial applications.

Financially, Wtm Trade Supplies Ltd presents a mixed picture. While cash reserves have dramatically increased by 1000% to a substantial £430,000, other areas show concerning trends. Accumulated depreciation on computer equipment increased by 34%, and total depreciation rose by 21%. Trade debtors have plummeted by 74%, suggesting potential issues with customer payments, and creditors have increased by 120%, indicating a reliance on credit. Despite this, net assets have grown by a healthy 96%, and net current assets have increased by 92%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Wtm Trade Supplies Ltd seems to be navigating a period of change. The significant increase in cash reserves is encouraging, but the company should monitor its debtor and creditor balances closely to ensure long-term financial stability. The family-run nature of the business and its focus on a niche market could be key to its continued success, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 10636749, with a registered address at HP27 9SA, England, Princes Risborough, Millbrook Cottage Lower Icknield Way, Longwick.

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