Willowsandco Ltd

Willowsandco Ltd from Accrington UK is a small, active company founded three years ago. It’s a solo venture with one employee and £10,030 in assets, operating from a real address and managed by a single director and owner. The company runs an e-commerce site specializing in retail sales via mail order and internet.

The business focuses on retail sale via mail order houses or via internet industries. 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, and employees less than 50. Bury Roxanne is the owner and director, and the company's website, while not detailed, suggests a focus on online retail.

Financially, Willowsandco Ltd presents a mixed picture. Current assets have decreased by 30% to £10,000, while net assets also dropped by 11% to -£43,000. Bank overdrafts have significantly reduced by 87% to £3,500, which is a positive sign. However, creditors increased by 18% to £61,000, and cash reserves have fallen by 89% to just £230. The company's property, plant, and equipment has also decreased by 25% to £12,000. The lack of employees (just one reported) indicates a very lean operation. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

While the decrease in bank overdrafts is encouraging, the significant drop in cash reserves and increase in creditors suggests the company is burning through money. It's possible this is typical for a young e-commerce business, but the negative equity highlights a need for careful financial management. The company's small size and solo founder model offer agility, but also concentrate risk on a single individual.

Registered in England/Wales under the registration number 13734296, with a registered address at BB5 5PN, England, Accrington, 10 Rishton Road, Clayton Le Moors.

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