Cardyard Ltd

Cardyard Ltd from Exeter UK is a small, active company founded twelve years ago in 3012. It employs four people and holds £139,338 in assets, operating an e-commerce site. With two directors and one owner, it’s a compact team. The company’s registered address is real, with only one other company registered at the same location.

Cardyard Ltd operates in the retail sale via mail order houses or via internet industries, specializing in gift card exchange. Its website, cardyard.co.uk, allows users to release the value in unwanted gift cards by converting them into cash or other gift cards. The site also sells gift cards at discounted prices, offering a marketplace for both buyers and sellers. The company has recently been featured on Channel 5's "Shop Smart Save Money," highlighting its value proposition and gaining wider recognition.

Financially, Cardyard Ltd shows a mixed picture. While turnover isn't explicitly stated, the company meets the criteria for a small business, with assets under £5.1 million and fewer than 50 employees. Cash bank on hand has decreased by 13%, and corporation tax payable has increased significantly by 320%, which could be a temporary fluctuation. Creditors have decreased by 15%, suggesting improved debt management. However, bank borrowings have decreased by 48%, which could be a positive sign. The company’s net assets have increased by a staggering 240%, a significant improvement.

The company’s growth in recent years is evident in its increased debtor levels, up 19%. While the company is exempt from an audit, the figures provide a snapshot of its ongoing operations. The increase in net assets suggests that the company is growing and profitable, but the rise in corporation tax payable could be a cause for concern.

Registered in England/Wales under the registration number 08108864, with a registered address at EX2 4PA, Exeter, 6 Lyndhurst Road.

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