Wristbands Plus Limited

Wristbands Plus Limited, based in Congleton, UK, is a small, active company founded ten years ago in 2014. It employs just two people and holds £22,568 in assets, operating from a real address shared by only one other business. The company is led by two directors and owned by two individuals, though the full ownership picture may be broader. Wristbands Plus Limited is an irregular importer, bringing in clothing and accessories—not knitted or crocheted—for a short period, with the last import recorded over seven years ago.

The company's website showcases a wide range of products, primarily focused on wristbands, lanyards, and promotional items. It caters to businesses and events, offering customisable options like printed wristbands, lanyards, mugs, tote bags, and ID passes. The site even hints at personalised giftware, suggesting a broader appeal beyond industrial applications. It’s clear they're aiming to be a one-stop shop for branding and access control solutions. The website states they are the UK's fastest growing supplier.

Financially, Wristbands Plus Limited presents a mixed picture. While average employee numbers increased by 50% to three, cash bank on hand skyrocketed by over 5000% to £4,600. However, net assets liabilities still sit at -£36,000, a significant drop from the previous year. Creditors decreased by 6.6%, which is good, but trade debtors increased substantially, suggesting potential issues with customer payments. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned.

Overall, Wristbands Plus Limited seems to be navigating a period of change. While the website indicates a growing business, the financial data suggests it’s burning through cash. Whether the company can sustain its growth and turn a profit remains to be seen.

Registered in England/Wales under the registration number 09140660, with a registered address at CW12 1PT, England, Congleton, Cheshire, 46 Bromley Road.

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