Wabita Ltd

Wabita Ltd from London UK is a small, active company founded three years ago. It holds just £813 in assets, operates from a virtual address, and is led by a single director and owner, who is also the solo founder. The company’s operations are focused on retail sales via mail order and internet, as indicated by its listing in the UK Companies House database.

The company’s website, Lazada.co.id, is a major online marketplace in Indonesia, offering a wide range of products from electronics and fashion to home goods and groceries. It’s a bustling platform with a strong emphasis on mobile shopping, offering vouchers, exclusive app deals, and a user-friendly interface. Lazada’s focus is on providing a seamless shopping experience, with features like live chat customer support, secure payment options, and a robust logistics network. The site actively promotes its app downloads, highlighting benefits like exclusive deals and personalized recommendations.

Financially, Wabita Ltd’s situation appears challenging. Current assets have fallen by a significant 52%, dropping to just £810, while net assets have plummeted 120%, leaving the company with a net liability of £8,300. Bank cash has also decreased by 22%, sitting at £810. Creditors have increased substantially, rising 120% to £9,100, and trade payables are at £1,400. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the substantial losses and high liabilities suggest a need for careful financial management. The fact that no auditor is mentioned likely means the accounts are unaudited, relying on director-reported data. It's likely the company is burning through cash, although the exact reasons behind this are unclear.

Registered in England/Wales under the registration number 13744393, with a registered address at EC1V 2NX, England, London, 124 City Road.

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