Wellworking Limited
- Small
- Active
- 25 years
- 34 employees
- £3,299,807 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Irregular exporter
- Solo founder
- E-commerce
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
Wellworking Limited is a small, active company based in Cosham, UK, founded 25 years ago in 1999. With £3,299,807 in assets and a real registered address, it’s a well-established business employing 34 people. The company, owned by Munro Luke Gordon, is run by three directors and operates an e-commerce site specializing in contemporary furniture for home and office. It regularly imports furniture, lighting, and prefabricated buildings – a consistent pattern over 88 months, with the latest import in February 2025. Exports, however, are infrequent, with just one month of activity recorded back in February 2018.
The company’s website, wellworking.co.uk, showcases a wide range of furniture, from Herman Miller chairs to mid-century desks, catering to both home and office environments. It highlights fast delivery, a variety of payment options, and a commitment to being a “B Corporation” – demonstrating a focus on people and planet. The site also features a blog and a "ReLived" section offering refurbished items, suggesting a focus on sustainability.
Financially, Wellworking Limited’s recent report reveals a mixed picture. While net assets decreased by 16% to £670,000, current assets remained stable at £3,300,000. Bank cash dropped significantly by 73% to £42,000, and trade debtors increased by 5.7% to £2,200,000. Creditors also rose by 4.4% to £2,800,000. 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 nimble, but the decrease in equity is something to keep an eye on. The report is unaudited, as is typical for small companies.
The company’s focus on contemporary design and its B Corporation status suggest a commitment to both aesthetics and ethical practices. Whether it can sustain its growth and profitability amidst changing market conditions remains to be seen, but its strong online presence and focus on customer service position it well for the future.
Registered in England/Wales under the registration number 03882328, with a registered address at PO6 3TH, England, Cosham, Portsmouth, 3 Acorn Business Centre, Northarbour Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Munro Luke Gordon
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Stretton Leanne
- 5 years
- 1
-
Resident of United Kingdom
-
Individual
- Simons Paul Owen
- 11 years
-
Resident of United Kingdom
-
Individual
- Munro Luke Gordon
- 25 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 14 pages pdf report
-
Confirmation statement made on 2024-10-10 with updatesDownload 4 pages pdf report
-
Director's details changed for Mr Paul Owen Simons on 2024-04-26Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Wellworking Limited
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