Wuzzos Ltd

Wuzzos Ltd, based in Rochford, UK, is a small, active company founded five years ago. It’s a one-person operation with £30,783 in assets and a real address, overseen by a single director and owner. The company is an irregular importer, primarily dealing in footwear and related items, with just one month of import activity recorded as of May 1, 2022.

The company's website, wuzzos.com, showcases a range of boat shoes, socks, and accessories, alongside a blog featuring collaborations with adventurers and reviews from yachting publications. It also highlights partnerships with the Yacht Club de Monaco and award-winning antimicrobial technology, emphasizing quality and innovation. The site operates as an e-commerce platform, offering free UK delivery and a variety of special offers, and features a "Heritage" section detailing the company's history and values.

Financially, Wuzzos Ltd presents a mixed picture. Current assets decreased by 19%, falling to £31,000, while net assets declined 13%, reaching -£39,000. Cash reserves dropped 48%, leaving just £2,900, and bank borrowings remained relatively stable. Trade debtors increased significantly, suggesting potential issues with customer payments, and creditors decreased slightly. 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 agility, but the negative equity and declining cash reserves are concerning. The unaudited figures, without an auditor mentioned, rely on director-reported data.

In short, Wuzzos Ltd seems to be navigating a challenging period. While its website and partnerships suggest a focus on quality and innovation, the financial data indicates a need for careful management and a potential need to address declining cash reserves.

Registered in England/Wales under the registration number 12056230, with a registered address at SS4 1NS, England, Rochford, Essex, 15 Oak Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.