W M Waite Limited

Wm Waite Ltd from Sheffield UK: a small holding company with an active status, was founded 10 years ago and employs 30 people. It holds assets valued at £2,231,914, operates from a virtual address, and is overseen by two directors and one owner, boasting a stellar Google rating of 5.0 based on 498 reviews. The company regularly imports basic metal tools and utensils, with 33 months of import activity recorded.

The company’s website, Waites Discount Warehouse, showcases a retail operation focused on providing value-for-money goods. It operates a physical store in Conisbrough, Doncaster, and offers a wide range of products, from artificial flowers and car care items to DIY supplies and stationery. The website highlights a family-run business established for over 35 years, emphasizing a large free car park and easy accessibility. It also features a separate section dedicated to fruit and vegetable supplies from K.D. Davis Sons Green Grocers.

Financially, Wm Waite Ltd presents a mixed picture. While net assets increased by 9% to £1.5 million, cash reserves also rose by 31% to £440,000, and current assets grew by 7.7% to £2.2 million, other indicators are concerning. Bank borrowings increased by 2.5% to £10,000, and corporation tax payable jumped by a significant 27% to £130,000. Debtors have also increased substantially by 17% to £1 million. 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 increase in tax liabilities and debtors suggests potential cash flow pressures. No auditor is mentioned, consistent with its status as a small, exempt company. The company’s management seems to be holding steady, but the rising debts and tax liabilities are something to keep an eye on.

Registered in England/Wales under the registration number 09190449, with a registered address at S2 4ER, England, Sheffield, South Yorkshire, Charlotte House, 500 Charlotte Road.

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