# WETRADEPHONES LTD (12847126)

> WETRADEPHONES LTD is an active private limited company (company number 12847126) incorporated on 31 August 2020, registered in Basildon. Its registered activity is retail sale of mobile telephones (SIC 47421). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £12k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 184% on the prior period (£4,395).

- Status: Active
- Incorporated: 2020-08-31
- Registered office: Basildon, SS15 6AR
- SIC 47421: Retail sale of mobile telephones
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-14
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 2,354 comparable companies in the UK (median £3,485, upper quartile £16k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £12k | — | — | £2,548 | — | — | 2 |
| 2024-08-31 | £4,395 | — | — | £21k | — | — | 2 |

current ratio 6.2; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £12,495 at 31 August 2025
- Net assets up 10% or more on the prior period: +184.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 6.2
- Incorporated five or more years ago: Incorporated 31 August 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Adil Farman — owns 75–100% of shares, since 2020-08-31

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12847126
HTML: https://firmoscan.com/company/12847126-wetradephones-ltd