Independent Worthing Ltd

Independent Worthing Ltd is a small, active company registered in Worthing, UK, founded three years ago on November 08, 2021. The company, with a real address at 2 Henty Road, BN14 7HE, is managed by two directors and two owners, although the list of owners isn't exhaustive. It operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors and no number of employees published.

The company’s website, while not fully explored, suggests a focus on online retail. It’s likely an e-commerce business, selling goods directly to consumers through an online store. There’s no indication of a physical storefront or traditional brick-and-mortar presence.

Financially, Independent Worthing Ltd is showing some concerning trends. While it meets the criteria to be considered a small company (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), its net assets have fallen significantly—dropping 60% to -£1900. Cash on hand has also decreased by 31%, falling to £1600. Creditors have increased, with a notable rise within the last year. On a brighter note, net current assets have improved substantially, moving from a negative position to £3800. The company’s accounts are abridged and unaudited, meaning they haven't been verified by an external auditor. This is common for small companies exempt from audit requirements.

It’s clear the company is facing some financial pressure, although the improved net current assets suggest better management of short-term liabilities. Whether this is a temporary setback or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 13727939, with a registered address at BN14 7HE, United Kingdom, Worthing, West Sussex, 2 Henty Road.

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