Village Wax Melts Ltd

Village Wax Melts Ltd from Radcliffe UK: a small, active company founded six years ago, employs six people, and holds £134,184 in assets. It operates from a virtual address, managed by two directors and two owners, and runs an e-commerce site.

The company’s website, Village Wax Melts, is a vibrant online store dedicated to home fragrance. It offers a wide range of wax melts, including heart-shaped, gel, and spring scents, alongside bundles, sample boxes, and mood therapy options. The site also features wax warmers, home fragrance products, and gift sets. A standout feature is its extensive country/region selection, catering to customers worldwide—from Afghanistan to Zimbabwe. The website’s design is clean and easy to navigate, with a prominent focus on customer reviews and a 5-star rating. It also accepts various payment options, including PayPal, Klarna, and credit card.

Financially, Village Wax Melts Ltd shows some concerning trends. While the company is small (meeting two of three conditions for being small), cash bank on hand has fallen by a significant 43% to £40,000. Current assets have also decreased by 18% to £130,000. Debtors have increased by 10% to £24,000, and creditors have risen by 6.3% to £67,000. Equity has also taken a hit, dropping 33% to £72,000. The decline in equity and cash reserves suggests the company might be burning through money, although it’s difficult to say for sure without more information. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small companies. The company's future minimum lease payments have also decreased by 28%, which could be a positive sign.

Registered in England/Wales under the registration number 11768356, with a registered address at M26 2JW, England, Radcliffe, Manchester, Lancaster House 70-76 Blackburn Street.

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