Walfins Limited

Walfins Limited, based in Swindon, UK, is a small, active company founded 28 years ago. With 13 employees and £585,254 in assets, it operates from a virtual address, managed by a single director and owner, Griffin Stephen John. The company holds a respectable 4.0 Google rating from 50 reviews, and regularly imports inorganic chemicals, with the last import operation recorded four months ago in November 2022.

The company’s website reveals a focus on garden machinery and hot tubs. It operates a showroom in Swindon and Bristol, selling lawn mowers, ride-on mowers, robotic mowers, and a range of hot tubs and Jacuzzis. The site emphasizes competitive pricing, knowledgeable staff, and aftersales support, catering to both residential and commercial customers. It also highlights cordless and battery-powered products, alongside a selection of other garden essentials like hedge cutters and pressure washers.

Financially, Walfins Limited presents a mixed picture. Current assets have decreased by 11%, falling to £590,000, while net assets have dropped 15%, settling at £440,000. Bank borrowings have also decreased, by 30%, to £42,000. Creditors have increased by 22%, reaching £100,000, and trade debtors have decreased by 13%. 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 flexibility, but the decline in equity and cash reserves warrants attention. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s focus on garden machinery and hot tubs, combined with its online presence and showroom locations, suggests a business navigating the seasonal demands of the gardening market. The decline in cash reserves may indicate increased investment in inventory or marketing efforts, or perhaps a slowdown in sales.

Registered in England/Wales under the registration number 03371214, with a registered address at SN1 4BA, Swindon, Wiltshire, 10 Bath Road, Old Town.

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