Wisetraders Limited

Wisetraders Limited is a small, active company based in Walsall, UK, founded nine years ago in 2016. With just two employees and £18,745 in assets, it’s a compact operation overseen by two directors and a single owner. The company operates in the retail sale via mail order houses or via internet industries, and its real address is likely genuine as only one other company is registered there.

The company’s website, while not provided, likely reflects its retail focus, possibly showcasing a range of products sold online. Given the nature of the industry, it’s probable Wisetraders Limited runs an e-commerce site, but further information would be needed to confirm this.

Financially, Wisetraders Limited presents a mixed picture. Cash bank on hand has fallen by a significant 39%, dropping to £17,000, while creditors have also decreased, suggesting a slight improvement in debt management. However, retained earnings and accumulated losses have deepened, resulting in a net asset liability of -£28,000—a concerning trend. Trade debtors have disappeared entirely, which could be a positive sign of efficient payment collection, or it could indicate a shift in business practices. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the declining equity raises questions about its long-term financial health. As a small company, Wisetraders Limited is exempt from an audit, so the figures are unaudited.

Overall, Wisetraders Limited appears to be navigating a challenging financial landscape. While it maintains a small, dedicated team and operates in a potentially lucrative online retail sector, it needs to address the declining equity and manage its liabilities carefully to ensure its continued viability.

Registered in England/Wales under the registration number 10076171, with a registered address at WS8 6DY, England, Walsall, West Midlands, 10 Curlew Drive, Brownhills.

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