Wbstr Group Ltd
- Small
- Active
- 3 years
- 1 employee
- £57,550 (assets)
- Real address
- 1 director
- 1 owner
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
Wbstr Group Ltd from Burnley, UK, is a small, active company founded three years ago. It employs just one person and holds £55,310 in assets, operating from a real address. With one director and one owner, the company is a modest operation. It operates in the retail sale via mail order houses or via internet industries.
The company’s website, Webster Group, presents a surprising range of activities beyond its core business. While initially described as a dynamic group of companies bringing together construction and hot air ballooning, the site details a diverse portfolio including Webster Developments (construction), Webster Adventures (ballooning experiences), Webster Homes (luxury home building), Webster Honey (bespoke honey), Webster Storage (premium storage), and Webster Spaces (eco-friendly office spaces). The website showcases completed construction projects and emphasizes a family-owned ethos, led by award-winning young entrepreneur Daniel Webster. It’s a far cry from a typical online retail business, suggesting a broader, more ambitious vision.
Financially, Wbstr Group Ltd appears to be navigating a tricky period. While current assets have increased to £55,000, net assets have plummeted to -£3,900, indicating significant accumulated losses. Bank borrowings have jumped to £12,000, and cash reserves have risen to £12,000—a positive sign, but not enough to offset the equity decline. Creditors have also increased significantly, reaching £60,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the negative equity raises concerns about its long-term viability. With no auditor mentioned, the figures are unaudited.
In conclusion, Wbstr Group Ltd is a small, diverse company facing financial challenges. Its ambitious portfolio of businesses, from construction to hot air ballooning, suggests a bold entrepreneurial spirit, but the negative equity indicates a need for careful financial management.
Registered in England/Wales under the registration number 13771075, with a registered address at BB12 7JX, United Kingdom, Burnley, Lancashire, 7 Wordsworth Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
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Total exemption full accounts made up to 2024-11-30Download 8 pages pdf report
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Confirmation statement made on 2024-11-28 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-11-30Download 8 pages pdf report
FAQ about Wbstr Group Ltd
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