Welans Ltd

Welans Ltd from Brighton UK: a small, active company founded three years ago, employs a single person, and holds £83,027 in assets. It’s a solo founder operation with one director and a perfect 5.0 Google rating based on one review. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with three months of import activity recorded.

The company operates in the non-specialised wholesale trade, retail sale of sports goods, fishing gear, camping goods, boats and bicycles, and retail sale via mail order houses or via internet. While a website isn’s available to analyse, these industries suggest a focus on online retail and distribution.

Financially, Welans Ltd presents a mixed picture. Current assets are steady at £83,000, but net assets are a negative £50,000, indicating accumulated losses. Bank cash is at £12,000, while creditors are a substantial £130,000. Trade debtors are at £15,000. The company’s small size (meeting two of three conditions for being a small company) helps it stay agile, but the negative equity suggests it’s burning through money. The accounts are unaudited, likely due to its small size, and show a lack of retained earnings. The company’s financial statements were prepared under FRS 102 and show a director signing the financial statements.

Registered in England/Wales under the registration number 13590517, with a registered address at BN1 2AA, England, Brighton, Ground Floor Office 110 Western Road.

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