Model World Limited

Model World Limited, based in Sittingbourne, UK, is a small, active company established 22 years ago. With eight employees and £404,685 in assets, it’s a well-established player in the model hobby market. The company, owned by Tilbury Mark Stephen, has two directors and operates a real address, alongside a thriving e-commerce site with a 4.0 Google rating from 233 reviews. They regularly import toys, games, and sports equipment, with their last import operation occurring six months ago.

The company's website showcases a wide range of model kits, paints, tools, and accessories catering to hobbyists of all levels. They specialize in plastic model kits, diecast vehicles, and railway models, offering both popular brands and niche products. The site’s layout is clean and easy to navigate, with detailed product descriptions and customer reviews. It’s clear that Model World Limited is dedicated to providing a comprehensive online shopping experience for model enthusiasts.

Financially, Model World Limited presents a mixed picture. While current assets increased slightly to £400,000, net assets decreased by 7.8% to £160,000. Bank borrowings decreased by 5.2% to £85,000, and cash reserves decreased by 32% to £9,200. Trade debtors increased significantly by 160% to £29,000, which could indicate a period of increased sales but also potential challenges in collecting payments. 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 flexibility, but the decrease in equity is a point to watch. The financial statements are unaudited, as is common for small companies.

Despite these financial nuances, Model World Limited appears to be a resilient business with a loyal customer base. Their long-standing presence in the market, coupled with a strong online presence, suggests a company well-positioned for continued success, although a careful eye on cash flow will be important going forward.

Registered in England/Wales under the registration number 04694213, with a registered address at ME10 3AE, England, Sittingbourne, Kent, Unit 1 Anchor Business Park, Castle Road.

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