Betty's News Ltd

Betty's News Ltd is a small, active company based in Mawgan Porth, Cornwall, UK. Founded twelve years ago in 7th March 2013, it employs six people and holds £160,421 in assets. With a real registered address and two directors, including Kirk Stuart as both director and owner, the business operates as an irregular importer of toys, games, and sports equipment, with its last import activity recorded one month ago in June 2023.

The company’s website, Betty Loves, showcases a retail operation specializing in gifts, cards, and candles, alongside affordable gifts and wrapping paper. It’s clear that the business focuses on brands that “scent and style your home,” and has a physical store in Leeds. The website also highlights a commitment to excellent customer service and being dog friendly. It’s a pretty nice place to shop, really.

Financially, Betty's News Ltd shows a mixed bag. Current assets increased by 27%, reaching £160,000, while net assets grew by 13% to £280,000. Cash reserves jumped a remarkable 230%, hitting £47,000, which is a good sign. However, bank borrowings decreased by 9%, settling at £47,000. Creditors also increased by 20%, reaching £120,000. The company meets two of three conditions to be considered small (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), and, being a small company, it is exempt from an audit. Director remuneration increased by 15%, reaching £42,000.

Overall, Betty's News Ltd seems to be in a stable position, with growing assets and healthy cash reserves. The increase in creditors suggests a need to manage debt effectively, but the strong online presence and focus on customer service position it well for continued success.

Registered in England/Wales under the registration number 08457468, with a registered address at TR8 4BA, Mawgan Porth, Cornwall, Bridge House.

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