Linde Werdelin Ltd
- Small
- Active
- 20 years
- 2 employees
- £1,259,996 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
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
Linde Werdelin Ltd, based in London, UK, is a small, active company founded 20 years ago. With just two employees and £1,259,996 in assets, it operates from a virtual address – a detail flagged by the registration of thirty companies at the same location. The company is led by two directors and a single owner, who also serves as the solo founder. It regularly imports and exports clocks, watches, and their parts, with 30 months of import activity and 40 months of export activity recorded.
The company's website showcases a luxury sports watch brand, Linde Werdelin, targeting adventurers and explorers. The site features collections, accessories, and an auction platform, emphasizing craftsmanship, sustainability, and heritage. It's clear the company is focused on e-commerce, with a strong visual presence and a focus on high-end products. The site also includes a comprehensive email opt-in form, suggesting a desire to build a customer base.
Financially, Linde Werdelin Ltd presents a mixed picture. While cash bank on hand increased by 59%, to £10,000, intangible assets have plummeted 75%, down to £8,900. Creditors have also increased, rising by 2.8% to £3.3 million. Net assets, however, have worsened, decreasing by 1.4% to -£10 million. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant equity decline warrants attention. There is no auditor mentioned, likely due to the company's small size and exemption from audit.
The company’s focus on luxury goods and its online presence suggest a premium brand strategy. However, the financial data indicates a need for careful management of expenses and a focus on generating revenue to offset the substantial losses. The decrease in intangible assets, in particular, should be investigated further.
Registered in England/Wales under the registration number 05279620, with a registered address at W1J 5BF, England, London, Berkeley Suite, 35 Berkeley Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 17 years
-
Resident of United Kingdom
-
Individual
- 20 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-11-08 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-12-31Download 7 pages pdf report
-
Confirmation statement made on 2023-11-08 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Linde Werdelin Ltd
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