Webb Daniels Limited

Webb Daniels Ltd from Preston UK is a small holding company with an active status, established eleven years ago in 2013. The company employs seven people and holds assets totaling £483,392. It's led by one director and has two owners, although the list of owners changed three years ago, and it's not exhaustive. Webb Daniels is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of August 2021. The company operates in the retail of furniture, lighting, and similar products, and its address is a real one, with only one other company registered there.

The company’s website showcases a wide range of furniture, from TV beds and mattresses to artificial plants and lighting, all available for online purchase. It’s a full-fledged e-commerce platform, complete with product categories, bundle deals, and a "Shop by Room" feature. The site also highlights custom furniture design services and offers a blog with style tips and industry news. A live chat feature, powered by LiveChat, is available for customer support.

Financially, Webb Daniels Ltd presents a mixed picture. Current assets have significantly decreased by 40%, dropping to £480,000, while net assets have fallen by 22%, settling at £340,000. Bank borrowings have increased by 20%, reaching £13,000, and cash reserves have plummeted by a substantial 81%, leaving just £21,000. Creditors have also decreased by 61%, which could indicate improved debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is typical for a small company, so the financial statements are unaudited.

The sharp decline in cash reserves is a cause for concern, suggesting the company may be burning through money. However, the decrease in creditors and the active e-commerce platform suggest it’s still operating and attempting to manage its finances. The company’s irregular import history, coupled with the fluctuating financials, indicates a business that may be navigating challenging market conditions.

Registered in England/Wales under the registration number 08690308, with a registered address at PR4 3PN, England, Preston, Old School House Ballam Road, Westby.

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