Magellan World Ltd

Magellan World Ltd, based in Egham, UK, is a small, active company founded sixteen years ago in 2009. With five employees and £226,561 in assets, it operates from a real address and is led by a single director and owner, Robinson Lee. The company regularly imports electrical machinery and equipment, having done so for 45 months, and has recently started exporting paper and paperboard products, with six months of export activity recorded.

The company’s website showcases a wide range of branded merchandise, luxury packaging, and video solutions, catering to businesses across various industries. It offers custom products, promotional items, and packaging options, with a focus on high-quality materials and innovative designs. The website also features a blog and news section, providing insights into digital marketing and packaging trends. It’s clear the company is aiming to be a one-stop shop for branding and promotional needs.

Financially, Magellan World Ltd presents a mixed picture. Current assets have decreased by 53%, dropping to £230,000, while net assets have fallen by 31%, settling at £16,000. Bank borrowings have also decreased by 15%, reaching £31,000, and cash reserves have plummeted 65%, leaving just £110,000. However, creditors have also decreased by 15%, suggesting improved debt management. 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 significant drop in equity raises questions. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned.

The company’s focus on video packaging and luxury solutions indicates a move towards higher-margin products, but the declining financial metrics suggest challenges in maintaining profitability. It’s possible the recent export activity is a new venture aimed at diversifying revenue streams, though the short timeframe makes it difficult to assess its long-term impact.

Registered in England/Wales under the registration number 06821703, with a registered address at TW20 9LF, England, Egham, Centrum House, 36 Station Road.

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