Watt To Wear Limited

Watt To Wear Print, based in Wiveliscombe, UK, is a small, active company established 36 years ago. With 17 employees and £208,198 in assets, it’s a family-run business with two directors and a solo founder, Daniel Watt. The company operates from a real address and has a long history of importing and exporting clothing and accessories, excluding knitted or crocheted items—seven months of imports and thirty-three months of exports recorded.

The company's website showcases a range of equestrian clothing and accessories, including horse rugs, dog rugs, and stock shirts. It's a clear e-commerce operation, with a user-friendly interface, detailed product descriptions, and a focus on customer service. The website even includes a blog with articles on equestrian care and fashion, suggesting a desire to build a community around its brand. It also has a perfect 5.0 Google rating from eight reviews.

Financially, Watt To Wear Print shows some concerning trends. Cash bank on hand increased by 21% to £56,000, which is good news. However, net assets decreased by 1.3% to £300,000, and current assets dropped by 15% to £210,000. Trade debtors decreased by 14% to £100,000, which is a positive sign. Perhaps the company is struggling to convert sales into cash quickly. Bank borrowings also increased, although the exact amount isn't clear. 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 remain flexible, but the decline in net assets warrants attention. No auditor is mentioned, which is typical for small companies.

Overall, Watt To Wear Print appears to be a well-established business with a loyal customer base, but the recent financial results suggest it’s facing some challenges. It’s likely that the company is navigating the pressures of rising costs and changing consumer demand—but it’s important to monitor its performance closely in the coming months.

Registered in England/Wales under the registration number 02360073, with a registered address at TA4 2RE, England, Taunton, Watt To Wear Ltd Ford Road, Wiveliscombe.

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