Magaza Wholesale Limited
- Active
- Small
- 11 years
- 7 employees
- £411,236 (cur assets)
- 1m-15m
- Regular importer
- Real address
- 1 director
- 1 owner
- London
- Rating 5.0 (13)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Magaza Wholesale Ltd, based in London, UK, is a small, active company established ten years ago in 2014. With seven employees and £416,138 in assets, it’s a modest operation led by one director and owner. Google users rate it a perfect 5.0 based on thirteen reviews, reflecting a positive customer experience. The company regularly imports cereal and milk-based food products, totaling 251 months of import activity, with the latest shipment arriving in February 2025.
The business operates within the non-specialised wholesale of food, beverages, and tobacco industries, essentially acting as a distributor. While a website isn’t available to examine, its import focus suggests a business-to-business model rather than direct-to-consumer e-commerce. It’s likely they supply retailers or other wholesalers.
Financially, Magaza Wholesale Ltd presents a mixed picture. Current assets have decreased by 6.9% to £420,000, while net assets have fallen by 27% to £110,000. Cash bank on hand has also seen a decline, dropping 9.5% to £7,500. However, creditors have decreased by 27% to £26,000, which could indicate improved debt management. Trade debtors have seen a significant drop of 42%, suggesting quicker payment collection. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the decrease in equity is a concern. As a small company, it's exempt from an audit, so the figures are unaudited.
Overall, Magaza Wholesale Ltd seems to be navigating a period of adjustment. While it maintains a positive reputation and a steady import stream, the declining assets and equity suggest a need for careful financial management. The company's long-term success will depend on its ability to stabilize its financial position and capitalize on its established import network.
Registered in England/Wales under the registration number 09296878, with a registered address at NW10 6JZ, London, Unit 1 Cullen Way Off Gorst Road, Park Royal.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Unaudited abridged accounts made up to 2024-11-30Download 8 pages pdf report
-
Confirmation statement made on 2025-10-08 with updatesDownload 4 pages pdf report
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Confirmation statement made on 2025-10-07 with updatesDownload 5 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Magaza Wholesale Limited
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