Watermen Foods Limited

Watermen Foods Ltd from Shanklin UK: a small, active company founded 19 years ago, employs five people, and holds £1,407,446 in assets. It's a solo-founded operation with three directors, and its real address is registered. The company regularly imports prepared or preserved plant-based foods, with 27 months of import activity recorded, the last operation being on January 01, 2025. Watermen Foods operates in the non-specialised wholesale of food, beverages and tobacco, and the other holiday and other collective accommodation industries.

The company's website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform. It seems to focus on wholesale distribution rather than direct-to-consumer sales.

Financially, Watermen Foods Ltd presents a mixed picture. Current assets have decreased by 7%, dropping to £1,400,000, while net assets have increased by 7.1%, reaching £1,300,000. Cash bank on hand has fallen by 11%, down to £930,000, which could indicate increased investment or operational expenses. Trade debtors have risen by 6.5%, suggesting potentially delayed payments from customers, but creditors have also decreased, which is a good sign. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the decline in cash reserves should be monitored. The accounts are abridged and unaudited, and Caryn March Accountants Limited acted as the accountants.

Overall, Watermen Foods Ltd appears to be holding its own, but the decrease in cash reserves could be a cause for concern. It’s likely that the company is reinvesting in its business, but it’s important to keep an eye on its financial performance in the coming months.

Registered in England/Wales under the registration number 05483993, with a registered address at PO37 6AQ, Shanklin, Isle Of Wight, The Woodlands, Chine Avenue.

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