WRAP IT UP LIMITED
Company number 09704438 · Monitor this company
Executive summary
Wrap It Up Limited is a micro-entity functioning as a financial holding vehicle rather than an active wholesale trader, with its primary asset being an inter-company loan to Terralec that is being progressively drawn down. The company has achieved financial stabilisation since its 2020 nadir but remains constrained by negligible capitalisation, governance fragility from equal three-way ownership, and concentration risk in a single debtor. Strategic clarity—whether through formalising group structures, rationalising the corporate entity's purpose, or executing an orderly wind-down—should be the board's immediate priority to protect and potentially extract value from this thin balance sheet.
Shareholders' funds
-£166
Balance sheet as at 2025-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2015-07-27
- Employees
- 0 (2025 accounts)
- Registered office
- 1349-1353 London Road, Leigh On Sea, Essex, England, SS9 2AB
- Postcode
- SS9 2AB
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-07-26
- Next due by
- 2027-08-09
Nature of business (SIC)
- 46900 Non-specialised wholesale trade
Officers 3 current
Competitors Basildon
This company ranks 123 among non-specialised wholesale trade in Basildon.
The class of 2015
26%
of the 1,741 companies in this sector incorporated in 2015 are still active today; 68% have since been dissolved.
A fact about the year, not a forecast for this company.