Whitebx Limited

Whitebx Limited, based in London, UK, is a small, active company founded six years ago in 2019. It employs just one person and holds £373,955 in assets, operating from a virtual address shared by many other businesses. The company is led by two directors and owned by a solo founder, Klein Santiago Esteban. It’s an irregular importer, primarily dealing in clocks, watches, and their parts, with the last import activity recorded just one month ago in June 2024.

The company’s website is currently under construction, but a contact page reveals it offers "Introductory Consultations" and operates from Knights Yard in Oakham, Rutland. Contact information includes a phone number and an email address. The site suggests a focus on professional services, though the exact nature of those services isn't clear.

Financially, Whitebx Limited presents a mixed picture. Cash reserves have dramatically decreased by 90%, falling to just £14,000. Bank borrowings, however, have also decreased, though by a smaller amount. Creditors have increased significantly, jumping 71%, which could indicate increased reliance on short-term financing. Trade debtors have also risen considerably, suggesting potential issues with customer payments. Despite these challenges, the company’s net assets have increased by 46% to £260,000, likely due to retained earnings. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The financial statements are unaudited, and no auditor is mentioned.

Overall, Whitebx Limited appears to be navigating a period of financial adjustment. While cash flow is tight, the increase in net assets suggests underlying profitability. The company’s focus on professional services, combined with its lean structure, could help it weather these challenges—but the long-term sustainability of its business model remains to be seen.

Registered in England/Wales under the registration number 11981596, with a registered address at W1W 6XH, United Kingdom, London, 101 New Cavendish Street, 1st Floor South.

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