Positive Wipes Limited

Positive Wipes Limited, a small, active company based in London, UK, was founded three years ago in June 5, 2021. With £5,607 in assets and a virtual address shared by nearly three thousand other companies, it’s a lean operation managed by two directors and two owners. The company operates in both manufacturing and retail, specifically focusing on the sale of wipes via mail order and online.

The company’s website, Positive Wipes, highlights its commitment to quality and effectiveness, emphasizing thick, large, and saturated wipes that kill 99.9% of germs. It offers subscriptions and even encourages donations to plant trees, showcasing a focus on both customer convenience and environmental responsibility. The site’s testimonials from satisfied customers—from London to Woking—reinforce this image of a reliable, quality-focused brand.

Financially, Positive Wipes Limited presents a mixed picture. Current assets have fallen by a significant 43%, dropping to £5,600, while net assets have also decreased, now at -£36,000. Cash reserves, however, have seen a substantial 360% increase, reaching £5,400. Trade debt has also increased, which could indicate a growing customer base, but also potential challenges in collecting payments. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity is a concern. As a small company, it is exempt from an audit, so the figures are unaudited.

The sharp decrease in net assets, despite increased cash reserves, suggests that the company may be burning through cash to fuel growth or cover operational expenses. It’s possible that increased marketing efforts or investment in inventory are driving these trends. It is difficult to say for sure, but the company needs to watch its cashflow closely.

Registered in England/Wales under the registration number 13457225, with a registered address at W1W 5PF, England, London, 167-169 Great Portland Street.

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.