Webber Chase Ltd

Webber Chase Ltd is a small, active company based in London, UK, founded twelve years ago in 2013. It employs eleven people and holds £726,409 in assets, operating from a real address in Mall Road. The company is led by one director and owner, who is also the solo founder. It’s classified as an irregular importer, with its top import category being Art and Antiques, totaling one month of imports, the last operation being conducted on December 01, 2023.

The company’s website is non-existent, making it difficult to determine the full scope of its operations. However, its listed activities involve human resource provision and management of human resource functions. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Financially, Webber Chase Ltd presents a mixed picture. Cash reserves have plummeted by 70%, dropping to £15,000, while creditors have increased significantly, rising 130% to £1,000,000. Current assets have improved by 85%, reaching £730,000, but net assets have fallen dramatically, dropping 140% to -£310,000. Trade debtors have also increased substantially, rising 110% to £710,000. The company’s retained earnings and accumulated losses are a big negative, showing a decline of 140%. Despite these challenges, the company's net current assets liabilities have improved, decreasing 630% to -£280,000. The accounts are unaudited, and the company is exempt from an audit.

The significant drop in equity suggests the company is burning through cash, perhaps investing in growth or facing unexpected expenses. The increase in debtors could indicate difficulties collecting payments, or a deliberate strategy to extend credit terms to attract new clients. It’s possible the company is undergoing a period of restructuring or expansion, but the financial data paints a concerning picture.

Registered in England/Wales under the registration number 08403526, with a registered address at W6 9DG, England, London, 33a Mall Road.

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