Hobby World Europe Ltd

Hobby World Europe Ltd from Milton Keynes UK: small company, active status, founded 27 years ago, 2 employees, £280,503 assets, real address, 3 directors, 2 owners, family business. Irregular importer of toys, games, and sports equipment (2 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £280,503.

Hobby World International is a leading board game company based in Eastern Europe, operating both as a publisher and distributor. Founded in 2001, it’s grown to become the largest publisher in the region, boasting a portfolio of well-known titles like CATAN, Carcassonne, and Munchkin. The company’s website showcases a wide range of board games, card games, and accessories, alongside articles about game development and historical settings. It also distributes games from major industry leaders like Wizards of the Coast and Fantasy Flight Games. The company’s website is very active, with a blog and social media presence, and it even has a showroom in Harrods, London.

Financially, Hobby World Europe Ltd’s recent reports show some concerning trends. Accumulated depreciation increased by 1.7%, while the number of employees rose by a significant 50%, suggesting expansion. However, bank borrowings increased by 1%, and creditors decreased by 11%. Current assets dropped by 17%, and net assets plummeted by 18%. While the company’s small size allows for agility, the decrease in equity and assets raises questions about its financial health. It’s worth noting that the company is exempt from an audit, so the figures are unaudited. The company’s current financial instruments have also seen a decrease.

Despite these challenges, Hobby World Europe Ltd appears to be a well-established player in the board game market. Its focus on Eastern European distribution and its partnerships with major publishers suggest a strong foundation. However, the company will need to address its declining assets and manage its borrowing to ensure long-term sustainability.

Registered in England/Wales under the registration number 03507109, with a registered address at MK12 5LW, England, Milton Keynes, 28 Stratford Road, Wolverton.

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