Enchanted Wonders Limited

Enchanted Wonders Ltd, based in London, UK, is a small, active company established a decade ago. With a single employee and £19,431 in assets, it’s a modest operation managed by two directors and one owner. The company is an irregular importer, primarily dealing in printed materials like books, newspapers, and pictures, with the last import activity occurring over four years ago in January 2019.

The company's website, enchantedwonders.com, showcases a unique approach to children's creativity through yoga. It offers a range of products, including the award-winning Enchanted Wonders AZ Cards, designed to enhance self-expression, imagination, and creativity in children. The site also features workshops and classes for parents, teachers, and families, and a blog with free resources. It's clearly focused on e-commerce, selling directly to consumers and promoting its products through engaging content and testimonials.

Financially, Enchanted Wonders Ltd shows some concerning trends. Current assets have decreased by 12% to £19,000, and net assets are down 3% to -£32,000. Bank borrowings remain steady at -£960, and cash reserves have fallen by 13% to £13,000. Trade creditors have decreased by 88%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating the company is exempt from an audit.

While the company’s products and workshops appear to resonate with its target audience, the declining net assets and reduced cash reserves suggest it’s burning through money. The decrease in current assets could be due to increased inventory or slower sales, and the negative equity indicates that liabilities exceed assets. It's possible that the company is reinvesting in its business to fuel growth, but the financial data paints a picture of a company facing financial pressure.

Registered in England/Wales under the registration number 09485264, with a registered address at N12 7JR, United Kingdom, London, 22 Arlington.

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