Welzo Ltd
- Small
- Active
- 3 years
- 2 employees
- £179,559 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- 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
Welzo Ltd, based in London, UK, is a small, active company founded two years ago in 2022. It employs two people and holds £179,559 in assets, operating from a real address. The company is led by a single director and owner, who is also the solo founder. Welzo is an irregular importer, specializing in optical and medical tools and devices, with just one month of imports recorded as of January 2025.
The company’s website showcases a wide range of health and wellness products, including health tests, supplements, and red light therapy devices. It operates as an e-commerce platform, offering a diverse catalog of items catering to various health needs—from fertility testing and nutritional supplements to skincare and pet care. The site is well-organized, with clear product categories and detailed descriptions, and even includes a blog with health-related articles. It seems like they're trying to be a one-stop shop for health and wellness.
Financially, Welzo Ltd presents a mixed picture. Cash reserves increased by 48%, reaching £180,000, which is good, but accrued liabilities deferred income decreased by 68%, falling to £26,000. Trade debtors decreased significantly, dropping 88% to just £140, but other creditors increased dramatically, rising 400% to £58,000. The company’s net assets increased by 39%, reaching £15,000, but bank borrowings increased, suggesting they are using debt to fund operations. The number of employees increased by 50%, from two to three, which could indicate growth or increased workload. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, so the figures are unaudited.
Overall, Welzo Ltd appears to be a growing e-commerce business in the health and wellness space, but it’s also facing some financial pressures. The increase in creditors and bank borrowings suggests they may be relying on debt to fuel growth, which could be a risk.
Registered in England/Wales under the registration number 14179158, with a registered address at W1H 1PJ, England, London, 833 19 - 21 Crawford Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 9 pages pdf report
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Confirmation statement made on 2024-06-16 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-06-30Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Welzo Ltd
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