Ashley Watson Limited

Ashley Watson Limited, based in St Albans, UK, is a small, active company founded eight years ago. With a single employee and £32,359 in assets, it’s a solo venture led by a director and owner. The company operates in the wholesale of clothing and footwear industries, and it’s an irregular importer of clothing and accessories – not knitted or crocheted – with just one month of import activity recorded as of May 01, 2024. It has a real registered address and is one of only a few companies registered there.

The company’s website is currently unavailable, so it’s difficult to assess its online presence or e-commerce activities. It's unclear if they have a retail arm or if they are purely a wholesaler.

Financially, Ashley Watson Limited shows a mixed picture. Cash reserves have increased dramatically by 1200%, jumping to £820 from just £62. However, net assets have decreased by 29%, landing at -£54,000. Trade debtors have plummeted by 93%, suggesting a significant reduction in outstanding customer payments, and creditors have also decreased by 12%, which could indicate improved debt management. The company’s small size – meeting two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees) – allows for flexibility, but the negative equity is a concern. There's no mention of an auditor, likely due to the small company exemption.

Overall, Ashley Watson Limited appears to be navigating a period of change. The increase in cash reserves is a positive sign, but the negative equity suggests the company is burning through money. Whether this is a temporary situation or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 10588110, with a registered address at AL1 4UU, England, St Albans, Hertfordshire, 107 Marshalswick Lane.

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