Watson & Webb Ltd

Watson & Webb Ltd is a small, active company based in Ripon, UK, founded six years ago in 2018. With two employees and £270,030 in assets, it operates from a real address and is managed by two directors, although no owners are officially listed. The company runs an e-commerce site specializing in airbrush cake decorating kits, edible printers, and related supplies. It’s an irregular importer of paper and paperboard products, with just one month of import activity recorded, and a regular exporter of machinery, boilers, and mechanical appliances, boasting 40 months of export activity.

The company’s website, Watson and Webb, caters to cake decorators of all skill levels, offering everything from beginner kits to professional-grade equipment. It also provides educational resources, including tutorials and blog posts, reinforcing its position as a knowledgeable supplier in the cake decorating industry. The site highlights a range of products, including airbrush kits, edible inks, and even a Pixma WiFi TS705A printer bundle.

Financially, Watson & Webb Ltd shows some concerning trends. Current assets have plummeted by 48%, dropping to £270,000, while net assets have also decreased by 3.2% to £350,000. Cash reserves have taken a significant hit, falling 34% to £140,000. Bank borrowings have decreased by 32%, settling at £21,000, and trade debtors have increased by 8%, reaching £29,000. Loans from directors have increased dramatically, rising by 1700% to £20,000. 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 agility, but the decline in assets and cash raises questions about its financial health. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Watson & Webb Ltd appears to be a niche e-commerce business facing some financial headwinds. Whether it can sustain its growth and profitability remains to be seen, but its focus on a specialized market and its commitment to customer education position it for potential success.

Registered in England/Wales under the registration number 11403687, with a registered address at HG4 1LT, United Kingdom, Ripon, N Yorkshire, 21 Priest Lane.

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