8th Wonder Ltd.

8th Wonder Ltd from Wigan UK: a sizable company, operating as a holding company, maintains an active status. Established 27 years ago in 1997, it employs 58 people and holds assets valued at £6,112,750. Yearly revenue reaches £13,196,751. The company’s registered address is real, with only six other companies registered at the same location. It's managed by two directors and one owner, and boasts a Google rating of 4.0 based on 11 reviews. The company regularly imports and exports toys, games, and sports equipment, with 131 months of import activity and 4 months of export activity.

8th Wonder Ltd operates as a holding company and appears to be involved in the agents involved in the sale of a variety of goods industries. While no e-commerce presence is immediately apparent from the report, the company’s structure suggests a broader network of businesses. The name implies a focus on distribution and potentially manufacturing, though specifics are lacking.

Financially, 8th Wonder Ltd shows a mixed picture. While revenue remained stable, net assets declined by 23%, and cash reserves dropped by 40% to £1,100,000. Bank borrowings increased by 10%, reaching £44,000, and administrative expenses decreased by 5%. Creditors decreased by 21%, which could indicate improved debt management. The company meets the criteria for a large company, with turnover over £36 million, balance sheet total over £18 million, and more than 250 employees. The absence of an auditor's report suggests the company is exempt from this requirement, relying on unaudited financial statements.

The company’s financial trends suggest a period of adjustment. While revenue remains strong, the decrease in cash reserves and net assets raises concerns about long-term financial health. It's possible that increased administrative expenses or investments in new ventures contributed to these changes. The company's management team, consisting of two directors, will need to carefully monitor these trends and implement strategies to ensure sustainable growth.

Registered in England/Wales under the registration number 03430336, with a registered address at WN3 4HH, England, Wigan, Progress House, Westwood Park Drive.

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