Wilben Developments Limited

Wilben Developments Ltd, based in London, UK, is a small, family-run business with an active status. Established fifteen years ago in 2009, the company employs five people and holds assets totaling £442,479. It operates from a real address and is managed by two directors and two owners. Boasting a perfect 5.0 Google rating from a single review, Wilben Developments is a regular importer of furniture, lighting, and prefabricated buildings, with the last import operation recorded four months ago in May 2018.

The company’s website showcases its focus on high-end property development within central London’s prime residential market. Having developed over £300 million worth of property, Wilben aims to maximize value and deliver a flawless experience. It also operates “Imbuel by Wilben,” a cost-effective interiors solution featuring curated furniture and an online design platform. The website clearly positions the company as a specialist in luxury homes and interior design, catering to discerning clients.

Financially, Wilben Developments presents a mixed picture. Current assets have increased by 82%, reaching £440,000, while net assets have dramatically decreased by 100%, leaving just £41. Bank borrowings have also risen, with current financial instruments increasing by 1.3% to £10,000. Creditors have seen a significant jump of 110%, reaching £430,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp decline in equity is concerning. The lack of an auditor mentioned suggests the company is exempt from an audit.

While Wilben Developments appears to be active in the property development sector, the financial data suggests it may be burning through cash. The company’s focus on high-end projects and its “Imbuel” interiors solution indicate a commitment to quality and design, but the financial pressures will need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 06978320, with a registered address at SW3 2LY, United Kingdom, London, 21-23 Mossop Street.

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