Wjs.com Limited

Wjs.com Limited is a small, active holding company based in Leeds, UK, established seventeen years ago in 2008. With just two employees and £245,148 in assets, it operates from a virtual address shared by 153 other companies, raising some questions. The company is led by two directors and two owners, although the list of owners changed nine months ago. Wjs.com Limited regularly imports machinery, boilers, and mechanical appliances; parts, with 51 months of import activity recorded, the latest in July 2024. The company’s core business involves other retail sale in non-specialised stores.

The company’s website, while minimal, suggests a focus on general retail. There's no obvious e-commerce presence, indicating a possible B2B model or wholesale operations. It’s unclear if Wjs.com Limited directly sells to consumers or acts as an intermediary in the supply chain.

Financially, Wjs.com Limited shows a mixed picture. Current assets decreased by 5.3% to £250,000, while net assets dropped by 3.9% to £200,000. Bank cash reserves increased by 4.3% to £220,000, which is good. However, trade debtors plummeted by 83%, suggesting a significant change in customer payment patterns or a reduction in credit sales. Creditors decreased by 14%, which is a positive sign. 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 decrease in debtors needs monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Wjs.com Limited appears to be holding its own, but the sharp drop in debtors warrants further investigation. The company's status as a holding company suggests it may have other, less visible operations, which could be influencing its financial performance.

Registered in England/Wales under the registration number 06578362, with a registered address at LS7 3QB, England, Leeds, West Hill House Allerton Hill, Chapel Allerton.

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