Childrens Books Limited

Childrens Books Ltd from London UK is a small, active company founded 41 years ago, back in 1983. With just three employees and £106,979 in assets, it’s a modest operation. The company has a real address and is run by three directors and two owners. It also operates an e-commerce site, suggesting a focus on online sales.

The company operates in the retail sale via mail order houses or via internet industries. It's considered a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The last reported current assets were £110,000, a rise of 19% from the previous year.

Financially, Childrens Books Ltd shows some interesting trends. While cash bank on hand increased by a healthy 34% to £26,000, creditors jumped significantly—by 79%—reaching £16,000. This could indicate increased reliance on credit or perhaps a period of rapid growth. Trade debtors also increased by 23%, suggesting a rise in outstanding customer payments. Equity, however, grew by 12% to £100,000. The company’s net assets also increased by 10% to £100,000.

The company’s average number of employees during the period decreased by 33%, falling to just two. This could be due to restructuring or perhaps a shift towards more automated processes. There's no mention of an auditor, which is typical for small companies. The company's financial statements are unaudited.

Overall, Childrens Books Ltd appears to be a stable, long-standing business. The increase in creditors and debtors suggests a period of growth, but the decrease in employees raises questions about its operational efficiency.

Registered in England/Wales under the registration number 01754656, with a registered address at E10 6RA, England, London, Unit 12 Mainyard Studios 679-691 High Road, Leyton.

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