Live Wellness Ltd

Wolfson Brands Global Ltd from Glasgow, UK, is a large holding company with an active status, founded five years ago. The company holds £1,117,566 in assets and operates from a real address, managed by one director and one owner. It’s a sizable operation, meeting two of three conditions to be classified as large: turnover exceeding £36 million and a balance sheet total surpassing £18 million.

The company's activities center around acting as a holding company, overseeing subsidiaries like Wolfson Brands (uk) Limited and Fanfuel Limited. It operates in the retail sale via mail order houses or via internet industries. A previous name, Wolfson Holdco Limited, suggests an evolution in the business. Dingwall Scott is the director, and Wolfson Group Ltd is the owner. The company's registered address is G4 0LF, Scotland, Glasgow, 12 Payne Street, and it's considered a real address as only nine companies are registered there.

Financially, Wolfson Brands Global Ltd presents a mixed picture. While current assets increased by 11% to £1,100,000, profits plummeted by 100% to -£13,000. Bank borrowings surged by 500%, reaching £110,000, and cash reserves fell by 22% to £1,100. Creditors increased by 8.4%, suggesting a need to manage debt. Administrative expenses decreased significantly by 95%, which is a positive sign. The company's auditor is William Duncan + Co (Audit) Ltd. The company’s small number of employees (zero reported) hints at a lean operation.

The sharp decline in profits is a concern, but the decrease in administrative expenses suggests cost-cutting measures are in place. The increase in bank borrowings could indicate investment or working capital needs. Overall, Wolfson Brands Global Ltd appears to be navigating a challenging financial landscape, but its holding company structure and established subsidiaries offer a degree of resilience.

Registered in Scotland under the registration number SC647054, with a registered address at G42 9JD, Scotland, Glasgow, 314 Battlefield Road.

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