Wedcova Uk Ltd

Wedcova UK Ltd, based in Leicester, UK, is a small, active company founded five years ago in 2019. Employing three people and holding £406,300 in assets, it operates a thriving e-commerce site with a stellar 5.0 Google rating from 22 reviews. The company has one director and one owner, Rajesh Chirag, who also serves as the director. The registered address is real, with only one other company registered at the same location.

Wedcova UK Ltd specializes in providing high-quality dress covers, suit bags, and storage boxes, catering to both wedding and travel needs. Its website showcases a wide range of products, including personalized options, and highlights free next-day delivery for UK orders over £90. The site is well-structured and user-friendly, with clear product categories and appealing visuals. It’s clear they are focused on online retail, with a strong emphasis on customer service and personalization.

Financially, Wedcova UK Ltd shows a positive trend. Current assets have increased by a substantial 230%, reaching £410,000, while net assets have also risen by 88% to £23,000. Cash bank on hand has seen a dramatic increase of 730%, jumping to £3,500. However, creditors have also increased significantly, by 37% to £35,000, and trade debtors have decreased by 55%, suggesting a potential need to manage customer payments more effectively. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in creditors should be monitored. The accounts are abridged and unaudited, and were prepared by KS3 Accountancy.

Overall, Wedcova UK Ltd appears to be a financially healthy and growing business. The company’s strong online presence, positive customer reviews, and increasing assets suggest a bright future. It’s a good sign that the list of owners was changed three months ago, which could indicate fresh investment or strategic changes.

Registered in England/Wales under the registration number 12016415, with a registered address at LE5 4HF, England, Leicester, Unit 1 270 St Saviours Road, Mahal Business Centre.

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