Woofpaws Ltd

Woofpaws Ltd from Barnsley UK: small company, active status, founded 2 years ago, £3,389 assets, virtual address, 2 directors, 2 owners, family business. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors and no number of employees published.

The company's website, Paws Wholesale Ltd, serves as a wholesale portal for Paws Wholesale Ltd. It requires login for pricing and ordering, or for applying for an account. The site features a menu with sections for Home, Spike, Woof, Zee.Dog, and All Products, showcasing harnesses, leashes, collars, homeware, toys, and starter packs. It highlights brands like Zee.dog, Woof, and Spike, and is powered by Orderspace. This suggests Woofpaws Ltd is primarily a wholesale distributor of pet supplies, rather than a direct-to-consumer retailer. The website’s focus on wholesale implies a B2B model, catering to retailers and other businesses in the pet industry.

Financially, Woofpaws Ltd presents a concerning picture. Current assets are a mere £3,400, and net assets are a negative £5,100. Bank cash on hand is a paltry £580. Creditors are £8,500 and other creditors are £7,700. The company’s liabilities significantly outweigh its assets, indicating a potential cash flow problem. While 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 agile, the negative equity and reliance on short-term borrowing raise serious questions about its long-term viability. The lack of an auditor mentioned (likely exempt as a small company) means the financial information is unaudited. It's clear the company is struggling, and the reliance on short-term debt suggests it's burning through money.

Registered in England/Wales under the registration number 14732707, with a registered address at S74 0PB, England, Barnsley, 50 Hoyland Road, Hoyland Common.

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