We Can Source It Ltd

We Can Source It Ltd, based in Colchester, UK, is a small, active company established ten years ago in 2014. With 18 employees and £1,292,106 in assets, it operates from a virtual address shared by 263 other companies, a little unusual. The business is run by one director and one owner, and it has a Google rating of 4.0 based on 82 reviews. It's an e-commerce site specializing in importing and occasionally exporting paper and paperboard products – 95 months of import activity versus just one month of exports.

The company’s website focuses on retail sales via mail order and internet, showcasing a range of paper and paperboard goods. It’s a fairly straightforward operation, and the company seems to be doing alright, but the shared address raises a flag.

Financially, We Can Source It Ltd presents a mixed picture. Cash reserves increased by a healthy 63% to £160,000, which is good, but creditors have risen significantly – 92% for those due within a year and 2% for those due after. This could be a sign that the company is investing in growth, but it’s something to watch. The company's employees have decreased by 22%, which could be a result of restructuring or changing market conditions. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) helps it stay agile, but the increase in creditors is something to keep an eye on. No auditor is mentioned, so the figures are unaudited.

Overall, We Can Source It Ltd seems to be navigating the challenges of a small e-commerce business, but the rising creditors suggest a need for careful financial management.

Registered in England/Wales under the registration number 09111248, with a registered address at CO5 9SE, England, Colchester, Unit 3 Threshelfords Business Park Inworth Road, Feering.

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