Wair Trading Limited

Wair Trading Limited, based in Ilford, UK, is a small, active company founded five years ago in 2019. With £38,556 in assets, a real registered address, and managed by a single director and owner – a solo founder – the business operates as a regular importer. It's been importing prepared or preserved plant-based foods for ten months, with the last import activity recorded in December 2021. The company also engages in non-specialised wholesale trade, retail sales via stalls and markets of textiles, clothing and footwear, and information technology consultancy activities.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. It’s unclear whether it operates an online store or relies solely on wholesale and market sales.

Financially, Wair Trading Limited presents a mixed picture. While the company is small (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets have dramatically decreased, plummeting 100% to just £31. Cash reserves have also fallen significantly, dropping 58% to £9,500. Bank borrowings, however, have decreased by 15% to £39,000. Creditors have also decreased by 15% to £39,000, suggesting improved debt management. Trade debtors, however, remain unchanged. The lack of employees (zero reported) indicates a lean operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Wair Trading Limited appears to be facing financial challenges, despite its active status and regular import activity. The sharp decline in equity and cash reserves suggests the company is burning through money, though improved debt management provides a glimmer of hope. It’s difficult to say if this is typical for a small startup or a longer-term issue, but the company will need to address these trends to ensure its sustainability.

Registered in England/Wales under the registration number 12229096, with a registered address at IG3 9NH, United Kingdom, Ilford, Essex, 23 Tresco Gardens.

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