Wizard Whirlpools Ltd

Wizard Whirlpools Ltd, based in Nottinghamshire, UK, is a small holding company with an active status, having been established 26 years ago in 1999. The company employs just four people and holds £395,861 in assets. It operates from a virtual address – a bit unusual as ten companies are registered at the same location – and is managed by four directors and one owner. A Google rating of 5.0 based on 80 reviews suggests a positive customer experience, and the company runs an e-commerce site. It’s a regular importer, bringing in optical and medical tools and devices over the last twelve months, with the most recent import occurring in February 2025.

The company’s website is not available for analysis, so it’s difficult to determine the full scope of its operations beyond the import activities and e-commerce presence.

Financially, Wizard Whirlpools Ltd presents a mixed picture. While cash reserves have significantly increased by 290% to £240,000, net assets remain steady at £170,000. However, there's a noticeable decrease in total inventories, falling 58% to £110,000, which could indicate slower sales or changes in stock management. Trade debtors have also decreased by 15%, suggesting improved collection of payments. Bank borrowings have remained consistent, and creditors have decreased by 32%. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the decline in inventories warrants further investigation. No auditor is mentioned, likely due to the company’s exemption as a small entity. Overall, the company appears to be financially stable, but the inventory drop could be a cause for concern.

Registered in England/Wales under the registration number 03749945, with a registered address at NG4 2JY, England, Nottingham, Nottinghamshire, 3 Colwick Quays Business Park, Colwick.

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