Wype Ltd

Wype Ltd is a small, active company based in London, UK, founded five years ago in 2019. With three employees and £322,613 in assets, it operates from a real address and is managed by three directors and two owners. The company runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, parts – a trend that continued for thirteen months, with the latest import occurring in February 2025.

Wype’s website showcases a unique product: a gel-based alternative to wet wipes called "Wype." The site emphasizes its eco-friendly nature, positioning it as a sustainable solution for personal hygiene. It highlights the product’s ability to boost toilet paper’s cleansing power, avoiding the issues of clogged pipes and ocean pollution associated with traditional wet wipes. The website features detailed product information, customer testimonials, and a step-by-step guide on how to use Wype, along with a starter kit and bundles for sale.

Financially, Wype Ltd presents a mixed picture. Cash and cash equivalents increased dramatically by 1100%, reaching £95,000, a positive sign of improved liquidity. However, net assets decreased by 48%, landing at -£180,000. Creditors also increased significantly, rising by 4.6% to £350,000, while trade debtors jumped by 120% to £86,000. The company's small size – meeting two of three conditions for a small company – allows for flexibility, but the decline in equity raises concerns. The average number of employees increased by 67%, now at five, suggesting a need for more staff. As a small company, Wype Ltd is exempt from an audit, so the figures are unaudited.

Overall, Wype Ltd appears to be navigating a period of change, with improved cash flow offset by increased debt and a decline in overall equity. The company’s unique product and focus on sustainability could be key to its long-term success, but careful financial management will be crucial.

Registered in England/Wales under the registration number 12247531, with a registered address at NW10 7LQ, United Kingdom, London, Unit 25 Park Royal Works, 9-21 Park Royal Road.

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