Walcot Yarns Limited

Walcot Yarns Ltd from Guildford UK is a small, active company founded eight years ago. It boasts £192,152 in assets, operates from a virtual address, and is led by one director and owner, running an e-commerce site. The company specializes in the wholesale of textiles and retail sales via mail order and internet industries.

The company’s website, Walcot Yarns, presents a vibrant online store showcasing a range of yarns, knitting patterns, and accessories. It features a "Shop" section with categories for yarn, patterns, and kits, alongside an "Our Story" page detailing the brand's origins and values. A "Stockists" page lists retailers carrying Walcot Yarns products worldwide, and a newsletter signup form encourages customer engagement. The site also highlights collaborations with indie designers and emphasizes the quality of its worsted weight yarns. It’s clear that Walcot Yarns is focused on a strong online presence and building a community around its products.

Financially, Walcot Yarns Ltd shows a mixed picture. Cash bank on hand decreased slightly by 2.3% to £40,000, while creditors increased significantly by 110% to £74,000. Current assets grew by a healthy 74% to £190,000, and trade debtors saw a dramatic 2000% increase to £76,000—a big jump that could indicate a shift in payment terms or a surge in sales. Equity, however, also grew by 58% to £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors should be monitored. The accounts are unaudited, as is typical for small companies, and no auditor is mentioned.

Overall, Walcot Yarns Ltd appears to be a growing small business, but it’s important to keep an eye on the increase in debtors. The company’s focus on e-commerce and community building seems to be paying off, but managing cash flow will be crucial for sustained growth.

Registered in England/Wales under the registration number 10557121, with a registered address at GU3 1LR, England, Guildford, Ashbourne House Old Portsmouth Road, Artington.

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