Washstation Limited

Washstation Ltd, based in Stratford-Upon-Avon, UK, is a small holding company with an active status. Founded five years ago in 2019, the company employs 21 people and holds assets worth £1,462,023. It operates from a real address and is overseen by five directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances, parts – a consistent activity spanning 69 months, with the last import in February 2025. Export activity is less frequent, with just one month of exports recorded in November 2024.

Washstation’s website reveals a focus on managed laundry services, primarily through its Washnet app. This app allows users to pay via debit or credit card, Apple Pay, or Google Pay, and offers membership schemes and machine reservation capabilities. A "Laundry Card" is designed for students, while an "Ambassador Programme" aims to improve customer experience. The website also highlights a piano restoration business, though it’s unclear how closely linked it is to the main laundry operations.

Financially, Washstation Ltd shows a mixed picture. Current assets have increased by 20% to £1,500,000, while net assets have increased by 150% to £890,000. Bank borrowings have decreased significantly by 76% to £270,000, and cash reserves have decreased by 20% to £330,000. Creditors have decreased by 4.2% to £2,700,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves warrants attention. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Washstation Ltd appears to be navigating a period of change. While its core laundry services seem to be operating smoothly, the financial figures suggest a need for careful management.

Registered in England/Wales under the registration number 11984879, with a registered address at CV37 0HT, England, Stratford-Upon-Avon, Unit 9 Avenue Fields Industrial Estate, Avenue Farm.

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