Wue Limited

Wue Limited is a small, active company based in Wantage, UK, founded eighteen years ago in 2006. It has £33,698 in assets, operates from a virtual address, and employs just two people. Two directors and two owners manage the business, although the owner list isn't exhaustive.

The company’s website, Wue Lovewue.com, showcases a vibrant online store specializing in jewelry and lifestyle gifts. It features over 8,000 reviews, offers free UK delivery over £50, and provides personalised gift wrapping. The site’s aesthetic is playful and inspirational, with sections dedicated to Valentine’s Day, milestone celebrations, and unique collections like “Pisces Poetic Haiku.” It’s clearly an e-commerce operation, aiming to capture the gifting market with a focus on emotional connection and curated selections.

Financially, Wue Limited’s recent performance presents a mixed picture. Current assets have decreased by 27%, dropping to £34,000, while net assets have plummeted by 120%, resulting in a negative balance of -£11,000. Bank borrowings have increased significantly, jumping by 2,400% to £9,500, and cash reserves have fallen by 31% to £8,700. However, trade debtors have increased by 28%, suggesting improved customer payments, and creditors have decreased by 19%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. With no auditor mentioned, the financial statements are unaudited.

Overall, Wue Limited appears to be navigating a period of financial pressure. While its e-commerce platform seems to be performing well, the underlying financials suggest a need for careful management and potentially a re-evaluation of its business model.

Registered in England/Wales under the registration number 05820589, with a registered address at OX12 8JY, England, Wantage, Oxfordshire, 2 The Old Estate Yard High Street, East Hendred.

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