Wards Group Limited

Wards Group Ltd, based in East Sussex, UK, is a small, family-run business with an active status, celebrating 20 years since its founding in 2005. Employing 12 people, the company holds £213,543 in assets and operates from a virtual address, registered at a location shared by 22 other companies. Two directors and two owners manage the business, which runs an e-commerce site and regularly imports clothing and accessories (excluding knitted or crocheted items), with the latest import activity recorded six months ago. The company boasts a Google rating of 4.0 based on 58 reviews.

The company’s website, Wards Group, showcases a wide range of clothing for men and women, alongside schoolwear and gifts. It specializes in natural fibre, fairtrade clothing, often with bold colours and patterns, catering to both adults and children. The website highlights brands like Vilagallo, White Stuff, and Meyer, alongside a dedicated section for school uniforms. It also operates a sister company, Wards Clothing Company Eastbourne, and even has a cafe and takeaway baked goods business through Wards Kitchen.

Financially, Wards Group Ltd presents a mixed picture. While current assets increased by 14% to £210,000, net assets remained steady at £80,000. Bank borrowings decreased by 44% to £13,000, and cash reserves increased by a significant 240% to £37,000. Creditors, however, rose by 35% to £130,000, and trade debtors fell by 62% to £4,400. The company’s small size (meeting two of three criteria for being a small company) helps it remain flexible, but the increase in creditors suggests a need for careful financial management. The company is exempt from an audit as a small company.

Overall, Wards Group Ltd appears to be a well-established business with a strong online presence and a focus on quality clothing. While the financials show some areas for attention, the company’s history, family ownership, and positive customer reviews suggest a stable and potentially thriving enterprise.

Registered in England/Wales under the registration number 05453678, with a registered address at BN27 1DW, East Sussex, 30/34 North Street, Hailsham.

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