West Midlands Homeware Ltd

West Midlands Homeware Ltd from Dudley UK: a small, active company founded three years ago, employs just one person, and holds £-15,288 in assets. It's a solo founder operation with one director and a real address, operating within the non-specialised wholesale trade and retail via mail order houses or via internet industries. The company was previously known as Midlands Homeware Ltd.

The business appears to be primarily online, though a website isn's available to analyze. It's likely focused on e-commerce, selling homeware products directly to consumers. Without a website, it's impossible to determine the specifics of their product range or marketing strategy.

Financially, West Midlands Homeware Ltd presents a concerning picture. While technically a small company (meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the negative assets of £-15,288 are a red flag. Cash reserves are also negative, indicating the company is burning through money. Net assets are also negative, and bank borrowings are not available. The company’s retained earnings are also negative. While the accounts are unaudited and exempt from an audit, the trend suggests financial strain. It's possible the company is in its early stages and hasn't achieved profitability, or it could be facing challenges in managing its expenses. The lack of employees suggests a lean operation, but it also limits the company's ability to scale. The director, Mughal Zubair Adil, is likely juggling multiple roles, which could be contributing to the financial difficulties.

Registered in England/Wales under the registration number 13976797, with a registered address at DY1 1QE, England, Dudley, 174 High Street.

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