Watteva Limited

Watteva Ltd from Exeter, UK, is a small, family business with an active status, established 21 years ago. Employing nine people and holding £243,723 in assets, the company boasts a perfect 5.0 Google rating based on 60 reviews. It’s a real address, managed by three directors and two owners. Regular importer of paper and paperboard products (3 months imported).

The company's website, saleswatteva.com, positions Watteva Ltd as specialists in the embroidery and printing industry, located in Exeter, Devon. They offer a range of services, from staff uniforms to promotional merchandise, catering to both online and offline customers. The website highlights their ability to process orders quickly and cost-effectively, with onsite facilities and a growing network of clients throughout the UK and mainland Europe. They also supply University Stashclothing with no set up charge and no minimum order.

Financially, Watteva Ltd’s figures present a mixed picture. While current assets increased by 5.4% to £240,000, net assets grew by 23% to £180,000. Cash reserves decreased by 6.3% to £140,000, and bank overdrafts remained steady at £1,300. Trade debtors increased significantly by 28%, suggesting potentially delayed customer payments, while creditors decreased slightly. 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 fluctuations in cash and debtors warrant attention. No auditor is mentioned, indicating exemption as a small company and reliance on unaudited statements.

The company's management of directors’ advances and credits shows some movement, with a decrease in specific advances and repayments. Property, plant, and equipment saw a substantial increase, likely due to investment in machinery. Overall, Watteva Ltd seems to be navigating a dynamic market, leveraging its expertise and reputation to maintain a solid foundation, though careful monitoring of cash flow and debtor management will be crucial for future success.

Registered in England/Wales under the registration number 04787687, with a registered address at EX2 8WA, United Kingdom, Exeter, Devon, 13 Oaktree Place Manaton Close, Matford Business Park.

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