We Value Add Ltd

We Value Add Ltd from Spalding UK is a small company with an active status, founded six years ago. It employs one person and holds £38,598 in assets, operating from a virtual address. The company is led by one director and owner, who is also the solo founder. It’s an irregular importer of drinks, alcohol, and vinegar, with just one month of imports recorded.

The company’s website is unavailable, so it’s difficult to determine its exact operations beyond what’s available in the report. However, it appears to be involved in wholesale of wine, beer, spirits and other alcoholic beverages, non-specialised wholesale of food, beverages and tobacco, and other professional, scientific and technical activities.

Financially, We Value Add Ltd presents a mixed picture. While its net assets have taken a hit, dropping by a staggering 1700%, its equity has plummeted to -£6,100. Cash reserves have increased by 200%, reaching £5,600, and bank borrowings have decreased by 51%, falling to £15,000. Creditors have increased significantly by 94%, reaching £30,000. The company meets two of the three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Despite the decrease in current assets, the company’s debts have also decreased, suggesting better management. The lack of an auditor mentioned indicates the company is likely exempt from an audit as a small company.

It’s clear that We Value Add Ltd is facing some financial challenges, with its equity in a negative position. However, the increase in cash reserves and decrease in bank borrowings suggest that the company is taking steps to manage its finances. It’s difficult to say whether this is a temporary setback or a longer-term trend, but the company’s small size and agile nature may help it weather the storm.

Registered in England/Wales under the registration number 11880571, with a registered address at PE12 7LR, England, Spalding, 33 Boston Road South, Holbeach.

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