Stock Wizards
BACKGROUND
Stock Wizards was set up in January 2003 as a company specialising in the purchase and resale of surplus stock. Founder and Managing Director Adrian Elvy had a background in the business having spent some 8 years working in the international discounted stock sector (as a buyer for Lidl, European Trade Director at Heley International and Buyer at United Overseas plc).
Stock Wizards specialises in the following product areas:
- ‘DIY’ and HARDWARE PRODUCTS
- CONFECTIONERY
- TOILETRIES
- TOYS
Products can be ‘surplus’ for many reasons, but usually they are end-of-line, shorter than normal life in the case of edibles (Best Before Dates), cancelled or returned stock from retailers, or simply an overproduction.
These items are resold by Stock Wizards into a wide range of channels including discount ‘Poundstore’-style outlets as well as exported to overseas buyers (in particular Australia).
Stock Wizards has, after three years, now established itself as a key player in the surplus stock trade and works closely and regularly with a wide range of multinational companies including ICI, GlaxoSmithKline, Wilkinson Sword, Procter & Gamble, Gerber Foods and Chupa Chups Perfetti Van Melle.
Whilst remaining a relatively small company, the business is run on very low overheads, which gives us a competitive edge over the clearance ‘giants’. We are able to act quickly and most important of all, with honesty and integrity. The business can only grow if our suppliers come back and work with us again and again.
Stock Wizards became a Limited Company in April 2006, and having moved into a much larger warehouse near Cirencester in Gloucestershire, we are looking to drive the business forward by increasing our supplier and customer base.
