Jigsaw Exchange Limited

Jigsaw Exchange Limited is a small, active company based in Harpenden, UK, founded three years ago. It operates as a solo-founded e-commerce site with a single director and owner, Francis Alistair Gordon Wainwright. The company holds just £554 in assets and utilizes a virtual address shared by thirteen other businesses.

The website, Jigsaw Exchange, specializes in buying and selling pre-owned jigsaw puzzles. It offers a platform for customers to purchase high-quality, used puzzles at discounted prices and to sell their own completed puzzles. The site boasts a wide selection, from 250-piece puzzles to 1000-piece sets, and emphasizes a simple service of buying and selling puzzles. The site even highlights the health and wellbeing benefits of jigsaw puzzles.

Financially, Jigsaw Exchange Limited presents a concerning picture. Current assets have plummeted by 83%, falling to just £550. Cash reserves have also drastically decreased by 91%, leaving just £260. Accumulated amortisation impairment intangible assets have increased by 61%, and net losses deepened significantly, reaching -£26,000. Creditors have risen by 14%, and bank borrowings are at £29,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop and dwindling cash reserves raise serious questions about its financial health. The company is exempt from an audit, and the financial statements are unaudited.

Registered in England/Wales under the registration number 13486346, with a registered address at AL5 4US, United Kingdom, Harpenden, Hertfordshire, 1 Waterside Station Road.

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