Wiltshire Wellness Limited

Wiltshire Wellness Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded four years ago. With just £18 in assets, it’s a modest operation run by four directors and three owners. The company operates in the retail sale via mail order houses or via internet industries. It regularly imports various textile products, sets, used clothing, and rags (seven months of imports), with the last operation recorded in January 2022. It has also dabbled in exporting zinc and zinc products, but only for one month, with the last export in August 2021.

The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. It’s unclear if the company operates a dedicated online store or primarily relies on other channels for sales.

Financially, Wiltshire Wellness Ltd presents a concerning picture. Cash bank on hand has plummeted by 99%, dropping to a mere £13, while current assets have also suffered a 100% decrease, settling at £18. Trade debtors have vanished completely, and net assets have fallen by 13%, reaching £210,000. Creditors have increased significantly, with those due within one year rising by 58% to £4,900. Despite these challenges, the company has managed to reduce its accumulated depreciation by a small amount. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial drop in cash reserves suggests it’s burning through money. With no auditor mentioned, the figures are unaudited.

The company’s reliance on textile imports and occasional zinc exports, coupled with the financial strain, suggests it may be struggling to maintain profitability. It’s possible the company is facing increased competition, supply chain issues, or simply hasn’t found a sustainable business model.

Registered in England/Wales under the registration number 12589704, with a registered address at NE4 7YL, England, Newcastle Upon Tyne, 15 Riverside Studios Amethyst Road.

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