Wellcoda Uk Ltd

Wellcoda Uk Ltd is a small, active company based in Edinburgh, UK, founded nine years ago in 2015. With £41,436 in assets and a virtual address, it’s a lean operation employing just one person and overseen by a single director and two owners. The company operates in the retail sector, specifically focusing on the sale of clothing and accessories—though it’s an irregular importer, with just one month of import activity recorded as of 2016.

The company’s website, Wellcoda, is a vibrant e-commerce platform showcasing a wide range of graphic t-shirts and printed products. It offers free worldwide shipping over £30 and emphasizes a curated selection of designs. The site features clear navigation, a search function, and a variety of product categories, catering to both men and women. It also has a blog with a lookbook and cookie policy.

Financially, Wellcoda Uk Ltd shows a mixed picture. Current assets increased by 8.2% to £41,000, while net assets also rose by 8.2% to £35,000. Cash bank on hand increased by 10% to £36,000. However, other creditors rose by 45% to £2,000. 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 rise in creditors suggests a need to manage cash flow. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Wellcoda Uk Ltd is showing signs of growth, but it’s important to monitor its cash flow and manage its creditors effectively. The company’s focus on graphic t-shirts and its e-commerce presence position it well in the competitive online retail market, but its irregular import activity suggests a need to diversify its supply chain.

Registered in Scotland under the registration number SC513889, with a registered address at EH2 4AN, Scotland, Edinburgh, 5 South Charlotte Street.

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