Wreckreation Ltd
- Small
- Active
- 7 years
- 1 employee
- £5,613 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
- Rating 5.0 (8)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Wreckreation Ltd, based in Stanley, UK, is a small, active company founded seven years ago. With a single employee and £5,613 in assets, it’s a solo founder’s venture operating a well-regarded e-commerce site boasting a 5.0 Google rating from eight reviews. The company, led by director and owner Smallwood Sally, specializes in the retail sale of clothing online, and via mail order.
The website, Wreckreation, presents a bold and unconventional brand focused on "racing couture for the trailblazers of tomorrow." It emphasizes high-octane designs, limited-run products, and a defiant stance against the status quo. The site’s aesthetic and messaging suggest a focus on unique, fashion-forward apparel targeted at a niche market. The site also highlights collaborations with Shelby American and mentions appearances in GQ magazine, indicating an aspiration for broader recognition.
Financially, Wreckreation Ltd’s numbers paint a picture of a very small business navigating early-stage challenges. Current assets have fallen by 2.4% to £5,600, and net current assets liabilities are at -£20,000. While creditors have increased by 6.1% to £26,000, cash reserves have seen a significant jump, rising 520% to £25. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the negative equity and reliance on external financing suggests a need for careful management. No auditor is mentioned, indicating exemption under small company regulations.
Overall, Wreckreation Ltd appears to be a promising but financially delicate venture. The brand’s unique positioning and positive customer reviews offer potential for growth, but the company will need to carefully manage its finances to sustain its operations and achieve its ambitious goals.
Registered in England/Wales under the registration number 10750726, with a registered address at DH9 7XN, United Kingdom, Stanley, Unit 17 The Greenhouse, Greencroft Industrial Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Smallwood Sally
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Smallwood Sally
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twelve months ago.
Last news
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Total exemption full accounts made up to 2024-05-31Download 8 pages pdf report
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Confirmation statement made on 2024-05-02 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-05-31Download 8 pages pdf report
FAQ about Wreckreation Ltd
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