Whyco Ltd

Whyco Ltd, based in Luton, UK, is a small, active company founded six years ago in 2019. Despite its active status, the company is overdue on both its accounts and confirmation statements for three years, and currently holds just £539 in assets. It’s a solo operation, managed by one director and owner, Joseph Gundulph Randolph, and registered at a real address shared by three other companies. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website reveals a diverse range of activities. Beyond its core business, Whyco Ltd showcases a variety of products and brands, including WHYBIRDIE, Luxe birdie, and Happy Dog Day. The site also features a "SHOWROOMING STORE OPEN!" announcement, alongside Japanese, English, and Chinese language options. The presence of brands like ARTHERAPIE and BIRDIE suggests a focus on lifestyle and fashion items, while the inclusion of "Happy Dog Day" hints at pet-related products. The website's design and product listings indicate an e-commerce operation, likely targeting online shoppers.

Financially, Whyco Ltd presents a concerning picture. While small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a negative £3,500, indicating accumulated losses. Bank borrowings remain steady at £1,400, but cash reserves are a meager £14. Creditors are also at £4,100. The lack of employees (zero reported) suggests a lean operation, but the negative equity raises questions about its long-term viability. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

In short, Whyco Ltd is struggling to maintain financial health. While its online presence suggests activity, the negative equity and low cash reserves point to a company burning through money. Whether it can turn things around remains to be seen, but its current trajectory is far from sustainable.

Registered in England/Wales under the registration number 11942113, with a registered address at LU3 1RG, England, Luton, 422 Leagrave Road.

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