Watson & Wolfe Ltd
- Small
- Active
- 8 years
- 1 employee
- £69,868 (assets)
- Virtual address
- 3 directors
- 1 owner
- Regular importer
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Watson & Wolfe Ltd, based in Leatherhead, UK, is a small, active company founded eight years ago in 2017. It’s a modest operation with just one employee and £69,868 in assets, operating from a virtual address shared by 126 other companies. The business is led by three directors, including owner Farr-leander Helen. Watson & Wolfe runs an e-commerce site and regularly imports leather goods, travel bags, and animal harnesses – a trend that’s been ongoing for 16 months, with the last import occurring in February 2023. The company’s website showcases a range of vegan accessories, from wallets and belts to handbags and gift sets, emphasizing handcrafted quality and ethical sourcing.
The business operates within the manufacture of luggage, handbags, saddlery, and harness industries. The website is well-designed, with a journal section offering insights into trends like slim wallets and the challenges of dog and cat leather production. It's clear the company is trying to establish itself as a brand with a story, focusing on responsibility and sustainable materials.
Financially, Watson & Wolfe Ltd presents a mixed picture. Current assets have decreased by 16%, dropping to £70,000, while bank borrowings have fallen significantly by 36%, settling at £36,000. Creditors have also seen a decrease, down 18% to £19,000. However, net assets remain at -£190,000, and cash reserves have increased by 14%, reaching £18,000. Trade debtors have fallen by 33%, suggesting better collection practices. The company qualifies as a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.
Overall, Watson & Wolfe Ltd seems to be navigating a challenging environment. While it’s maintaining a steady stream of imports and showcasing a strong online presence, the negative equity suggests it’s burning through money, perhaps relying on owner investment to keep things afloat. It's clear the company is focused on building a brand around ethical and sustainable practices, but whether it can achieve long-term financial stability remains to be seen.
Registered in England/Wales under the registration number 10616889, with a registered address at KT24 6QX, England, Leatherhead, Station House Station Approach, East Horsley.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
-
Resident of United Kingdom
-
Individual
- 8 years
- 2
-
Resident of United Kingdom
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-03-03 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-02-29Download 8 pages pdf report
-
Secretary's details changed for Mrs Helen Farr-Leander on 2024-06-12Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Watson & Wolfe Ltd
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