Wegter Uk Ltd

Wegter Uk Ltd is a small, active company based in Fleet, UK, founded three years ago in 2021. It operates as a wholesale distributor of household goods, specifically focusing on the import and sale of ceramic products—it’s been importing for seven months, with the latest activity in February 2025. The company employs just one person and holds £150,500 in assets, with a real registered address shared by two other businesses. It’s run by a solo founder who also serves as director and owner.

The company’s website, Wegter Home B.V., reveals a broader picture. It's a Dutch family business with over a century of experience in ceramics, representing numerous tableware brands across 28 countries. They specialize in distributing brands like Dutch Rose, Laura Ashley, and Marjolein Bastin, emphasizing quality and innovation. The website highlights a focus on creating inspiring table settings and offers a wide range of products, from elegant tableware to practical kitchen essentials. It's clear they're targeting a consumer market, even though Wegter Uk Ltd operates as a wholesaler.

Financially, Wegter Uk Ltd presents a mixed picture. Current assets have declined significantly by 39%, falling to £150,000, while debtors have plummeted 74% to £28,000. This could indicate slower customer payments or a shift in business strategy. Equity has also taken a hit, dropping 180% to -£120,000, suggesting accumulated losses. However, creditors have decreased by 7.5%, which could be a positive sign of better debt management. Bank borrowings increased by 4.6%, reaching £230,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity is concerning. Kirk Rice LLP performed the audit.

Overall, Wegter Uk Ltd seems to be navigating a period of financial pressure, though its parent company's long-standing reputation and diverse brand portfolio offer some reassurance. The company’s ability to maintain its import activity and manage its debts will be key to its long-term success.

Registered in England/Wales under the registration number 13692745, with a registered address at GU51 4DA, United Kingdom, Fleet, Victoria House, 178-180 Fleet Road.

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