Warmcare Products Ltd

Warmcare Products Ltd from Hereford UK: a small, active company founded nine years ago, holds £9,081 in assets, and operates from a real address. With two directors and two owners, it boasts a stellar 5.0 Google rating based on 66 reviews. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Warmcare Products Ltd specializes in the manufacture of other wearing apparel and accessories, as well as retail sales via mail order and the internet. The company’s website is minimal, offering little insight into its operations beyond its product categories. It appears to be primarily a B2B supplier rather than a direct-to-consumer e-commerce business, with no visible online store.

Financially, Warmcare Products Ltd presents a concerning picture. Current assets have plummeted by a staggering 79%, dropping to just £9,100. This significant decrease is mirrored by a 79% reduction in finished goods and goods for resale, indicating potential inventory issues or reduced sales. Net assets have also declined sharply, falling 68% to -£63,000. While fixed assets have seen a massive 4,400% increase, likely due to a single large purchase, this doesn't offset the overall negative trend. Bank cash has also fallen by 72%, leaving just £150. Creditors have increased slightly, suggesting a reliance on short-term financing. The company’s small size helps it remain flexible, but the substantial losses and dwindling cash reserves are worrying. No auditor is mentioned, which is typical for a small, audit-exempt company.

Despite the financial challenges, Warmcare Products Ltd maintains a strong Google rating, suggesting customer satisfaction with its products or services. However, the company’s long-term viability will depend on its ability to reverse these negative financial trends and secure its financial footing.

Registered in England/Wales under the registration number 09963335, with a registered address at HR4 7QZ, United Kingdom, Hereford, 1 Oak House St Mary's Lane, Burghill.

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