Wandering Bee Ltd

Wandering Bee Ltd, based in Reading, UK, is a small, active company founded nine years ago in 2015. With a single employee and £27,029 in assets, it operates from a real address and is overseen by one director and owner. The company’s e-commerce site, Wandering Bee, showcases a range of handcrafted candles and homewares, earning a stellar 5.0 Google rating from 35 reviews. It regularly imports clothing and accessories—not knitted or crocheted—with the last import operation recorded five months ago.

The Wandering Bee website highlights the company’s focus on “kickass kind candles,” made from recycled beer bottles and soy wax. It emphasizes sustainability, handmade quality, and unique fragrances, catering to customers seeking eco-friendly and aesthetically pleasing home décor. The site also features a “TWB Subs Club” offering exclusive scents and limited-edition products, suggesting a strategy to build customer loyalty and recurring revenue.

Financially, Wandering Bee Ltd presents a mixed picture. Current assets have decreased by 24%, dropping to £27,000, while net assets have declined significantly by 9.8%, reaching -£130,000. Bank borrowings have seen a substantial decrease of 47%, falling to £3,300, and cash reserves have plummeted 72%, leaving just £160. Creditors have also decreased slightly. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the large equity decline raises concerns. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Wandering Bee Ltd appears to be navigating a challenging financial landscape. While its website and product offerings suggest a strong brand and customer appeal, the declining assets and negative equity indicate a need for careful financial management. It's possible that the company is reinvesting in growth, but the figures suggest it’s burning through money faster than it’s generating it.

Registered in England/Wales under the registration number 09645543, with a registered address at RG7 3QX, England, Reading, 44 The Avenue, Mortimer Common.

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