Wellchem Limited
- Active
- Small
- 4 years
- 1 employee
- £7,944 (cur assets)
- 0-1m
- Real address
- 1 director
- 3 owners
- Family business
- Watford
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Wellchem Limited is a small, active company based in Watford, UK, founded three years ago in May 2021. The company, a family business with one director and three owners, holds £12,016 in assets and operates from a real address at 31 Blairhead Drive. It’s a small operation, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
Wellchem Limited operates in a diverse range of industries, including non-specialised wholesale trade, retail sale of medical and orthopaedic goods, retail sale via mail order, and management consultancy. Its website, though currently unavailable, suggests a focus on wholesale and retail activities.
Financially, Wellchem Limited’s numbers paint a mixed picture. Current assets have decreased by 32% to £12,000, while net assets have seen a significant turnaround, increasing by 320% to £14,000. Bank borrowings have also decreased by 5.3% to £620,000. Cash reserves have fallen by 9% to £7,000. Creditors have decreased by 3.5% to £820,000. The company’s debt has also decreased by 50% to £5,000. These figures suggest the company is managing its debt effectively, but the decrease in cash reserves could be a cause for concern. The lack of an auditor mentioned is typical for a small, exempt company.
Overall, Wellchem Limited appears to be navigating a period of change. The increase in net assets is a positive sign, but the decrease in cash reserves warrants monitoring.
Registered in England/Wales under the registration number 13388230, with a registered address at WD19 7RB, England, Watford, 31 Blairhead Drive.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 4 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 4 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 4 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
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Total exemption full accounts made up to 2025-05-31Download 9 pages pdf report
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ResolutionsDownload 1 page pdf report
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Memorandum and Articles of AssociationDownload 36 pages pdf report
FAQ about Wellchem Limited
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