Walimax Limited

Walimax Ltd from Welling UK is a small company with an active status, established four years ago. It’s a solo founder operation employing just one person and holding £436,378 in assets. The company has a real address, a single director, and an owner, operating an e-commerce site.

The company’s website, walimexwebshop.com, is a comprehensive online store specializing in photography equipment. It offers a vast selection of items, including flashes, continuous lighting, tripods, camera bags, and lenses, catering to both amateur and professional photographers. The site showcases a wide range of brands, from Nikon and Canon to Sony and Walimex Pro, and features a blog with helpful photography tips and behind-the-scenes content. Despite the extensive product range, the website currently displays a message indicating that no products are found and shipments are not possible.

Financially, Walimax Ltd presents a mixed picture. While net assets have doubled to £52,000, cash reserves have surged dramatically, increasing by 14000%, reaching £11,000. However, creditors have also increased significantly, rising by 98% to £270,000 within the last year. Loans from directors have also increased, up 110% to £170,000. Trade debtors have increased by 140% to £64,000. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the increase in creditors suggests potential cash flow challenges. The accounts are unaudited and prepared in accordance with FRS 102 Section 1A, and the company is exempt from an audit. The company’s director, Khan Sifwat Umair, is also the accountant. It seems like the business is working hard, but the large increase in debt needs to be watched.

Registered in England/Wales under the registration number 12566664, with a registered address at DA16 2HX, England, Welling, 16 Lancelot Road.

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