Wee Woolly Wonderfuls Limited

Wee Woolly Wonderfuls Limited is a small, active family business based in Hull, UK, established four years ago. With just two employees and £8,417 in assets, it operates an e-commerce site specializing in crochet kits and patterns. The company, run by directors and owners Dobbs Lisa Carolyn and Dobbs Paul Raymond, caters to both beginners and experienced crafters, offering a range of adorable animal-themed kits and downloadable patterns.

The company’s website showcases a vibrant collection of crochet and knitting kits, including popular items like Lilly the Puppy and Ned the Nutcracker. It also offers a subscription service for yarn and pin badges, and even provides video tutorials and a friendly Facebook community for support. The site’s focus on Amigurumi, a type of crocheted stuffed toy, highlights a niche market within the broader crafts industry.

Financially, Wee Woolly Wonderfuls Limited presents a mixed picture. While cash bank on hand decreased by 8.6% to £6,200, creditors increased by 3.9% to £13,000. Trade debtors also saw a significant drop, decreasing by 70% to just £250. Perhaps most concerning is the substantial loss of equity, plummeting 1100% to -£1,600. This suggests the company is burning through cash, though it's likely due to investments in inventory or marketing. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the declining equity warrants close monitoring. As a small company, it is exempt from an audit, so the figures are unaudited. The significant decrease in retained earnings could be due to reinvestment in the business, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 12780711, with a registered address at HU5 2DN, England, Hull, 15 Newland Park.

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