Wolfox Limited

Wolfox Limited is a small, active company based in Hove, UK, founded seven years ago in 2017. Employing five people and holding assets of £386,553, it operates from a real address and is overseen by one director and owner. The company is an irregular importer, primarily dealing in soaps, cleaning products, and waxes, with just two months of import activity recorded as of January 2024.

Beyond its import activities, Wolfox Limited also operates a coffee shop and brunch spot near Leeds train station, as evidenced by its website. The website, which is currently being renovated, highlights a focus on speciality coffee and breakfast options. It also mentions a partnership with a company called Bedfox Ltd.

Financially, Wolfox Limited presents a mixed picture. While current assets remained stable at £390,000, net assets plummeted by 250%, falling to -£1,300,000. Bank borrowings increased significantly, rising by 100%, reaching £10,000. Creditors also rose substantially, increasing by 120% to £2,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp equity drop raises concerns. The company is exempt from an audit, so the figures are unaudited. It seems like the company is burning through money, and the management needs to take a look at the numbers.

Registered in England/Wales under the registration number 11053194, with a registered address at BN3 3PJ, England, Hove, 26b Eaton Road.

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