Wats-in.store Ltd

Wats In Store Ltd from Burntisland UK: a small, active company founded seven years ago, employs two people, and holds £19,671 in assets. It operates an e-commerce site and has two directors and one owner. The company’s real address is KY3 0BD, United Kingdom, Burntisland, Fife, 7 Little Craig's View.

The business specializes in retail sales via mail order and the internet, offering a variety of Indian wedding clothes. Its website, Variety Silk House, showcases sarees, lehengas, kurtis, and menswear, catering to brides, grooms, and their families. The company’s history stretches back to 2017, with roots in Nairobi, Kenya, and a long-standing presence in London. It’s a family business, established in Nairobi, Kenya in 1958.

Financially, Wats In Store Ltd appears to be navigating some challenges. Current assets have fallen by 32% to £20,000, and net assets have dropped 37% to £10,000. Bank borrowings decreased by 26%, and cash reserves have been halved, sitting at just £9,700. Creditors have also decreased, which is good, but the significant drop in equity suggests a need for careful management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s worth noting that the accounts are filleted and unaudited, and there's no auditor mentioned. The company's net current assets liabilities have also decreased, which is a positive sign.

Registered in Scotland under the registration number SC573875, with a registered address at KY3 0BD, United Kingdom, Burntisland, Fife, 7 Little Craig's View.

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