Letterland International Ltd

Letterland International Ltd is a small, family-run business based in Epsom, UK, with an active trading status. Founded 44 years ago in 1981, the company employs ten people and holds £5,008,731 in assets. It operates from a virtual address, registered with fifty-three other companies, and is managed by six directors and two owners. Letterland is a regular importer, primarily of printed materials like books, newspapers, and pictures, with 17 months of import activity recorded, the latest in December 2023.

The company's website reveals a focus on foundational literacy skills, offering resources and training for teaching phonics, spelling, and grammar. It’s validated by the Department for Education in England as an effective systematic synthetic phonics programme, with a particular emphasis on a story-based approach to engage students. The website also highlights a global reach, with its educational materials used in over 111 countries.

Financially, Letterland International Ltd shows a mixed picture. Current assets decreased by 6.6% to £5,000,000, while net assets remained stable at £4,200,000. Cash reserves increased by 8% to £2,600,000. Trade debtors decreased by 23%, suggesting improved collection of payments. Creditors decreased by 32%, indicating better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in debtors could signal a potential challenge. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Letterland International Ltd appears to be a stable, long-standing business, but the changing financial landscape warrants close monitoring.

Registered in England/Wales under the registration number 01540779, with a registered address at KT18 7PF, Epsom, Surrey, 8-10 South Street.

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