Wallico Ltd

Wallico Ltd from Hedon UK is a small, active company founded six years ago. It employs just one person and holds £30,717 in assets, operating from a virtual address. The company is led by a single director and owner, who is also the solo founder. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, while minimal, suggests a focus on online retail. It's unclear exactly what Wallico Ltd sells, but the site’s presence indicates an e-commerce operation.

Financially, Wallico Ltd presents a mixed picture. Current assets have fallen by 48% to £31,000, while net assets have dropped 78% to just £28. Bank borrowings remain steady at £2,000, and cash reserves have declined by 32% to £8,700. Creditors have decreased by 47%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble. Equity has also decreased by 79%, which could be due to reinvestment in the business. There’s no auditor mentioned, likely due to the company’s exemption as a small entity.

While Wallico Ltd’s financial figures show some decline, the company's small size and active status suggest it’s not necessarily burning through money. The decrease in assets and equity could be a result of strategic investments or changes in business operations. The single employee and solo founder structure indicate a lean and potentially cost-effective business model.

Registered in England/Wales under the registration number 11474720, with a registered address at HU12 8JA, United Kingdom, Hedon, East Yorkshire, 9 Market Place.

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