Waterman (uk) Limited

Waterman Uk Ltd, based in London, is a small, family-run business that’s been active for 32 years. Founded in 1992, the company employs ten people and holds £470,949 in assets. It’s a tight-knit operation with three directors and two owners managing the business from a real address. Waterman Uk Ltd is an irregular importer, bringing in optical and medical tools and devices, with its last import activity recorded just one month ago.

The company’s website reveals a focus on commercial laundry equipment. They describe themselves as delivering "the best price, availability and support" for laundry equipment, catering to sectors like hospitality, coin laundries, care homes, and more. They offer a wide range of products, from washers and dryers to ironers and spare parts, and even provide service and maintenance packages. The website also highlights partnerships with manufacturers like Miele, Electrolux Professional, and Girbau. It seems they're aiming to be a one-stop shop for all commercial laundry needs.

Financially, Waterman Uk Ltd shows a mixed picture. Cash bank on hand increased by a solid 28%, reaching £370,000, which is good news. However, creditors also rose by 33%, reaching £160,000, suggesting increased short-term liabilities. Net assets increased by 17%, reaching £310,000, and average number of employees decreased by 40% to just six—a significant drop that could be due to restructuring or seasonal fluctuations. Trade debtors increased by 12% to £68,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in employees is something to keep an eye on. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Overall, Waterman Uk Ltd appears to be a stable, albeit small, business. While the increase in creditors is something to monitor, the company’s strong cash position and focus on a specialized market suggest it’s well-positioned for continued operation.

Registered in England/Wales under the registration number 02768703, with a registered address at E17 6JG, London, 248-250 Forest Road, Walthamstow.

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