Wylle Ltd

Wylle Ltd from London UK: a small, active company founded two years ago, boasts a real address, is led by one director and owner, and was started by a solo founder. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, wylle.co.uk, is clearly focused on wholesale. It positions itself as a "one-stop destination" for retailers seeking premium products and brands, offering exclusive promotions, competitive pricing, strategic merchandising support, and volume discounts. Categories include home and garden, beauty and health, self-care, and sports, with new categories planned. The site emphasizes a commitment to the lowest prices and offers a contact form and opening hours. It's an ecommerce business, clearly geared towards supplying other businesses, not selling directly to consumers.

Financially, Wylle Ltd presents a concerning picture. While the company is small, its net assets liabilities are a significant -£1,100. Cash bank on hand is a meager £380, and bank borrowings are £1,500. Creditors are also £1,500. The company has zero employees reported. The accounts are described as "filleted" and unaudited, meaning they’re simplified and haven’t undergone external review. This, combined with the negative equity, suggests the company is burning through money, likely relying on director loans to stay afloat. There's no mention of an auditor, which is common for small companies exempt from an audit. The company's small size does offer some flexibility, but the current financial trajectory is unsustainable without a significant turnaround.

Registered in England/Wales under the registration number 14806831, with a registered address at SE25 4AJ, United Kingdom, London, Flat 2 Side 16 Lancaster Road, South Norwood.

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