Wvss Ltd

Wvss Ltd from Wolverhampton UK is a small, active company founded three years ago. It’s a solo-founded operation with two directors and one owner, registered at a real address. The company operates in the retail sale via mail order houses or via internet industries.

The business appears to be primarily e-commerce focused, although no website is currently available to analyze. This lack of online presence is a bit unusual for a company operating in the mail order/internet retail sector. It’s possible they operate through third-party marketplaces or have a limited online footprint.

Financially, Wvss Ltd is showing some concerning trends. While classified as a small company (meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its net assets have plummeted by 120%, landing at a negative £930. Cash on hand remains a meager £1, unchanged from the previous period. Creditors have also risen significantly, increasing by 120% to £930. The company's accounts are described as "filleted" and "unaudited," meaning they are simplified and haven't undergone an independent audit—a common practice for small, exempt companies. There’s no auditor mentioned in the report. The company’s equity is also negative, which is not a good sign. It's possible that the business is struggling to generate profit and is relying on borrowed funds to cover its expenses. The increase in accrued liabilities and amounts owed to group undertakings also suggests financial pressure.

Registered in England/Wales under the registration number 13510279, with a registered address at WV11 3PX, United Kingdom, Wolverhampton, Units 1&2 Phoenix Rd.

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