Wiivvo Ltd

Wiivvo Ltd from Cambridge UK: small company, holding company, active status, founded 14 years ago, £5,785 assets, virtual address, 1 director, 1 owner, google rating 4.0 based on 1 reviews. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £5,785. The company operates in the retail sale via mail order houses or via internet, the bookkeeping activities, the combined office administrative service activities, the other business support service activities n.e.c. industries. Officially, it has one owner or PSCs, one director and no number of employees published.

Wiivvo Ltd’s website reveals a broader scope than initially apparent. While the company itself appears to provide administrative and support services, the site is primarily dedicated to Ovivo, a global water treatment solutions provider. Ovivo boasts over 150 years of experience, offering equipment, technology, and services for industrial, municipal, and electronics markets. The website highlights expertise in areas like aeration, biological treatment, and water purification, catering to diverse industries from power generation to pharmaceuticals. It's clear that Wiivvo Ltd functions as a holding company for Ovivo, providing strategic oversight and potentially financial backing.

Financially, Wiivvo Ltd’s recent performance paints a mixed picture. Cash bank on hand decreased significantly by 31%, dropping to £2,200. Creditors increased by 15%, reaching £12,000, and debtors surged by a remarkable 95%, hitting £3,600—a potential sign of delayed payments. Equity, however, took a substantial hit, plummeting 65% to just £490. The company’s small size helps it remain agile, but the sharp decline in equity raises concerns. The lack of a mentioned auditor (likely exempt due to its size) means these figures are unaudited.

While the parent company, Ovivo, thrives on global expertise and innovation, Wiivvo Ltd’s financial health appears fragile. The sharp drop in equity, coupled with rising debts, suggests the holding company may be burning through cash. Whether this is a temporary setback or a longer-term challenge remains to be seen, but it’s a situation worth watching.

Registered in England/Wales under the registration number 07504590, with a registered address at CB25 9PB, Cambridge, Stirling House Denny End Road, Waterbeach.

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