Wellis Leisure Ltd

Wellis Leisure Ltd from Glasgow UK: small company, holding company, active status, founded 2 years ago, 7 employees, £974,082 assets, real address, 2 directors, 4 owners, google rating 4.0 based on 14 reviews. Regular importer of electrical machinery and equipment (23 months imported). It’s a small business, operating as a holding company, and currently active. Established just two years ago in November 2022, Wellis Leisure Ltd employs a modest seven people and boasts assets totaling £974,082. The company’s registered address is real, with only one other business registered at the same location. Two directors and four owners oversee operations, and a 4.0 Google rating from 14 reviews suggests a generally positive customer experience. The company regularly imports electrical machinery and equipment, with the most recent import activity recorded in October 2024.

Wellis Leisure Ltd operates within the retail sector, specifically focusing on the sale of new goods in specialised stores – think hot tubs and saunas. The company’s website, Johnsons Wellness, showcases a wide range of hot tubs, swim spas, saunas, and related accessories. It’s clearly an e-commerce business, with a user-friendly website allowing customers to browse products, view specifications, and make purchases. The site also promotes a “price promise,” beating any competitor’s quote, and offers flexible finance options. The website also highlights the company's partnerships with Wellis Spas, a leading European manufacturer, and emphasizes the quality and craftsmanship of its products.

Financially, Wellis Leisure Ltd’s recent performance shows a mixed picture. While cash reserves remain stable at £140,000, net assets are in the negative at -£180,000, indicating accumulated losses. Bank borrowings have also remained at £22,000. Creditors are significant at £590,000, suggesting a reliance on trade credit. The company’s small size (meeting two of three criteria for being considered small) helps with agility, but the negative equity is a concern. No auditor is mentioned, which is typical for small, exempt companies. The company’s trade debtors are at £44,000, which could be a sign of customers taking longer to pay.

Registered in Scotland under the registration number SC749892, with a registered address at G3 8HB, Glasgow, 133 Finnieston Street.

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