Wallace Sewell Limited
- Small
- Active
- 15 years
- 17 employees
- £524,910 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Wallace Sewell Ltd is a small, active company based in London, UK, founded fourteen years ago in 2010. With seventeen employees and £524,910 in assets, it operates from a real address at 24 Lloyd Baker Street. Two directors and two owners manage the business, which is a irregular importer of man-made filaments and a regular exporter of various textile products, sets, used clothing, and rags. The company’s website, WallaceSewell, showcases a fusion of modern design and traditional technique, offering a range of scarves, throws, cushions, rugs, and artwork, alongside bespoke projects and collaborations.
The company's core business revolves around manufacturing textiles, wholesale of household goods, specialised design activities, and other professional services. The website also highlights trade stories, collaborations, and special offers, indicating a focus on building relationships and showcasing unique products. The site's clean design and emphasis on quality suggest a brand targeting a discerning customer base.
Financially, Wallace Sewell Ltd’s recent performance shows some concerning trends. Cash bank on hand decreased significantly by 87%, dropping to £36,000, while current assets fell 22% to £520,000. Trade debtors increased by a substantial 140%, reaching £150,000, suggesting potential issues with customer payments. However, creditors also decreased by 43%, which could indicate better management of short-term liabilities. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in cash reserves and increase in debtors warrants attention. The company is exempt from an audit, so the figures are unaudited. Overall, Wallace Sewell Ltd seems to be navigating a period of financial pressure, despite its strong brand and focus on quality products.
Registered in England/Wales under the registration number 07298137, with a registered address at WC1X 9AZ, London, 24 Lloyd Baker Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 15 years
-
Resident of United Kingdom
-
Individual
- 15 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Confirmation statement made on 2024-10-02 with updatesDownload 6 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
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Confirmation statement made on 2023-10-02 with updatesDownload 6 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Wallace Sewell Limited
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