Wraith Energy Limited

Wraith Energy Limited is a small, active company based in Wigan, UK, founded five years ago in 2019. With seven employees and £54,566 in assets, it operates from a real address and is led by two directors and one owner. The company’s core business revolves around retail sales via mail order and the internet, as evidenced by its website, Wraith Energy.

The Wraith Energy website presents a vibrant brand focused on "hydration, energy, and deals" within the gaming and lifestyle space. It offers a range of products including energy drinks, shakers, and merchandise, with a strong emphasis on branding and community engagement – the site even has a "RIP Club" section. The website’s design is modern and visually appealing, suggesting a focus on attracting a younger demographic. The company partners with various influencers and brands, further expanding its reach.

Financially, Wraith Energy Limited shows a mixed picture. Current assets decreased by 21% to £55,000, while net assets also fell by 16% to £26,000. Bank borrowings remained relatively stable at £23,000, but cash reserves dipped 3.2% to £24,000. A significant drop in other inventories – 38% to £24,000 – is notable, as is a 44% reduction in other creditors. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in assets and inventories could indicate challenges in managing cash flow. No auditor is mentioned, typical for a small company.

Overall, Wraith Energy Limited appears to be a dynamic, brand-driven company navigating the challenges of a competitive market. While the financials suggest some pressures, the strong online presence and focus on community engagement could help sustain growth.

Registered in England/Wales under the registration number 12017641, with a registered address at WN6 0XF, United Kingdom, Wigan, Greater Manchester, Wraith Energy, Douglas Mill.

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