Better World Books Ltd.

Better World Books Ltd from Guildford UK: a small holding company with an active status, was founded 17 years ago in 2008. The company employs 51 people and holds assets worth £2,437,173. It has a real address, four directors, and one owner. Better World Books regularly imports printed materials like books, newspapers, and pictures – a consistent pattern over the last nine months, with the most recent import occurring in December 2024. Export activity is less frequent, occurring for just two months, with the last shipment dating back to December 2020.

The company operates in the retail sale of books, specializing in the online sale of new and used books. It’s a holding company, and it seems to be a fairly standard operation, although the website is currently unavailable.

Financially, Better World Books Ltd shows some concerning trends. While current assets increased by 59% to £2,400,000, net assets rose a substantial 69% to £1,200,000. However, cash reserves have fallen dramatically, dropping 87% to just £240. Bank borrowings increased significantly, rising 160% to £580,000, and trade debtors have surged by 300% to £1,300,000 – a large jump that could indicate difficulties collecting payments. Creditors also increased by 36% to £1,300,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the sharp decline in cash reserves and the increase in debtors are worrying signs. The company is audited by Haines Watts Scotland.

Overall, Better World Books Ltd appears to be facing some financial headwinds, despite the growth in assets. It's possible that the increase in debtors is a temporary blip, but the company will need to manage its cash flow carefully to avoid further strain.

Registered in England/Wales under the registration number 06570267, with a registered address at GU1 1UN, England, Guildford, Third Floor One London Square, Cross Lanes.

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