Fordham & Wakefield Limited

Fordham & Wakefield Limited is a small, active company based in London, UK, established six years ago in 2018. With a real address and two directors, but no reported owners, the business employs a single person and holds £64,540 in assets. It operates as a regular importer of toys, games, and sports equipment, with 10 months of import activity recorded, and occasionally exports the same goods, with just 2 months of export activity.

The company’s website, salesfandw.fishing, showcases a specialized retailer of fishing supplies, particularly Royal Wulff products, Seaguar fluorocarbons, and FlexCoat rod building epoxy. The site emphasizes quality and caters to a niche market of fly fishing enthusiasts, even boasting a presence in Harrods. It’s clear that Fordham & Wakefield isn’s just selling products; it’s cultivating a brand associated with expertise and premium gear.

Financially, Fordham & Wakefield Limited presents a mixed picture. Current assets have decreased by 15%, dropping to £65,000, while net assets have plummeted a significant 260%, resulting in a negative equity of -£4,800. Bank borrowings have increased by a substantial 430%, reaching -£8,100, and cash reserves have fallen 17%, sitting at £7,200. Creditors have also decreased by 5.7%, suggesting some improvement in debt management. The company’s small size—meeting two of three criteria for being considered small—helps with agility, but the sharp decline in equity is concerning. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited.

The company's financial data suggests it may be burning through money. While it’s likely a result of startup costs and investments in inventory, the negative equity and increased borrowing are cause for attention. The management team, consisting of two directors, will need to carefully monitor expenses and ensure sales keep pace with costs to avoid further financial strain.

Registered in England/Wales under the registration number 11550968, with a registered address at N17 6NS, England, London, 130 Higham Road.

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