Magnum Book Services Limited

Magnum Book Services Ltd from Felixstowe UK: a small holding company with an active status, was founded fifteen years ago. It employs twenty-four people and holds £3,734,757 in assets, operating from a real address. With six directors and one owner, the company regularly imports and exports printed materials – books, newspapers, and pictures – having imported for 163 months and exported for 244 months.

The company specializes in delivering books, positioning itself as a logistics partner for publishers, retailers, printers, museums, and art houses worldwide. Its website highlights a focus on creativity, communication, and collaboration to move books cost-effectively, safely, and promptly. They offer services ranging from door-to-door printer-to-customer deliveries to book-only consolidation, serving 84 different countries and warehousing over 30 million books annually.

Financially, Magnum Book Services Ltd shows a mixed picture. While cash reserves increased by a healthy 23% to £1.8 million, current assets declined slightly by 2.1% to £3.7 million. However, net assets increased by 17% to £2.5 million, and trade debtors experienced a significant drop of 45%, suggesting improved collection efforts. Bank borrowings were dramatically reduced, falling by 96% to just £3,900. Creditors also decreased by 29%, indicating better management of short-term liabilities. Despite the company’s small size – meeting two of three conditions for being classified as small – the decrease in debtors could be a sign of changing market conditions. The lack of a named auditor is typical for a small company operating under the small companies regime.

Registered in England/Wales under the registration number 06993531, with a registered address at IP11 7NR, Felixstowe, Magnum House, 62 Leopold Road.

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