Wyse Retail Ltd

Wyse Retail Ltd, based in Bradford, UK, is a small, active company founded nine years ago in 2015. With a single employee and £1,150,123 in assets, it’s a solo-founded operation managed by one director and owner. The company operates in the other retail sale not in stores, stalls or markets industries, and has a real registered address. It’s an irregular importer of optical and medical tools and devices, with one month of import activity recorded in October 2024, but hasn’t exported anything in over six years.

The company’s website, Wyse Retail Group, reveals a multi-channel online retailer specializing in fashion and textile brands. Headquartered and warehousing in Yorkshire, it boasts a diverse range of products reaching hundreds of thousands of consumers globally. The website highlights a commitment to quality and customer service, and even mentions a head office at Tong Park Industrial Estate.

Financially, Wyse Retail Ltd shows some interesting trends. Current assets increased by 4.6% to £1,200,000, while net assets also grew by 13% to £790,000. Trade debtors have increased significantly, ballooning by 2000% to £21,000, which could indicate a recent push for sales on credit. Cash reserves remained relatively stable at £1,000,000, and bank borrowings are unchanged. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Wyse Retail Ltd appears to be holding its own, with a growing asset base and stable cash position. The increase in trade debtors should be monitored closely, but the company’s online retail model and diverse product range suggest a solid foundation for continued growth.

Registered in England/Wales under the registration number 09757918, with a registered address at BD16 1PY, England, Bradford, West Yorkshire, 6a Millfield Road Cottingley Business Park, Cottingley.

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