Axel Books Limited

Axel Books Ltd from Leicester UK: small company, active status, founded 4 years ago, 2 employees, £1,161,417 assets, virtual address, 3 directors, 2 owners, e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £1,161,417. The address is probably virtual as 290 companies registered at the same address.

Axel Books operates an e-commerce site selling a wide range of books, from fiction and non-fiction to educational materials and audiobooks. The website showcases a diverse selection of publishers and caters to various age groups, with a focus on providing competitive pricing and convenient online shopping. They even offer bundles and exclusive discounts, encouraging repeat business. The site’s design is clean and user-friendly, with clear categories and search functionality. It’s clear they’re aiming to be a one-stop shop for book lovers.

Financially, Axel Books Ltd presents a mixed picture. While cash reserves increased significantly by 100% to £510,000, creditors also surged by 130% to £95,000. This suggests increased borrowing, which could be to support inventory or marketing efforts. Trade debtors also increased by 61% to £660,000, which might indicate a shift in payment terms or a larger customer base. Interestingly, the company’s net assets increased by 180% to £490,000, a positive sign of growth. The increase in depreciation charges for motor vehicles and plant machinery, though, suggests the company may be investing in its equipment. With no auditor mentioned, the financial information is unaudited. The company’s small size means it’s likely exempt from a full audit.

Registered in England/Wales under the registration number 12995433, with a registered address at LE3 5GF, England, Leicester, 50 Woodgate.

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