Welvaart Ltd

Welvaart Ltd from Stockton-On-Tees UK is a small, active company founded five years ago. It holds £480 in assets and operates from a virtual address, managed by a single director and owner, who is also the solo founder. The company’s status is active.

Welvaart Ltd focuses on retail sales through mail order and online channels. The company operates in the retail sale via mail order houses or via internet industries. There's no website to analyze, so it's difficult to determine the specifics of their e-commerce operations.

Financially, Welvaart Ltd presents a mixed picture. Current assets have fallen significantly, dropping 60% to just £480. Equity has also seen a considerable decline, increasing by 54% to -£2500. Bank borrowings remain steady, and creditors have risen slightly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity is a cause for concern. The company’s accounts are described as “filleted” and unaudited, which is common for small businesses exempt from a full audit. It's a bit strange that the company’s net assets liabilities are so high.

Despite the challenges, Welvaart Ltd appears to be holding on. The company's financial health is questionable, and it's likely burning through money, but the lack of employees suggests a lean operation.

Registered in England/Wales under the registration number 12105158, with a registered address at TS18 1TW, England, Stockton-On-Tees, 88 Church Road.

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