WHYBEE LTD

Company number 07613368 ·

Liquidation

Executive summary

WHYBEE exemplifies the precarious position of mid-scale e-commerce retailers that achieved growth during the pandemic boom but lacked the margin resilience to weather the subsequent correction. The company's balance sheet was dominated by inventory (75.5% of assets) with weak liquidity (quick ratio of 0.33x) and significant secured debt, creating a fragile structure vulnerable to the sector-wide headwinds of 2022 – rising costs, normalising demand, and tighter supplier terms. Its dissolution reflects the broader attrition among online retailers that could not sustain profitability once the exceptional trading conditions of 2020-2021 subsided.

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Shareholders' funds

£136,569

Balance sheet as at 2022-06-30

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Overview

Company type
Private Limited Company
Incorporated
2011-04-21
Dissolved
2026-08-13
Registered office
C/O Ideal Corporate Solutions Limited, Lancaster House, 171 Chorley New Road, Bolton, BL1 4QZ
Postcode
BL1 4QZ
Capital
10 GBP
Accounts category
Total Exemption Full
Charges
0 outstanding

Accounts

Last made up to
2022-06-30
Financial year end
30 June

Confirmation statement

Last statement dated
2023-04-21
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Nature of business (SIC)

  • 47910 Retail sale via mail order houses or via Internet

Officers 2 current

Appointed 2011-04-21
Appointed 2011-04-21

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Contact details

Website
whybee.co.uk

Previous registered addresses 1

AddressChanged on
UNIT 12A WATERFOOT BUSINESS CENTRE, BURNLEY ROAD EAST, WATERFOOT, LANCASHIRE, BB4 9HU, UNITED KINGDOM2012-07-25

The class of 2011

21%

of the 4,029 companies in this sector incorporated in 2011 are still active today; 76% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →