Parallel Worlds (books) Limited

Parallel Worlds Books Ltd from Bedfordshire UK: a small, active company founded 24 years ago, employs just two people, and holds £26,794 in assets. Based at a real address in Luton, it’s a family business with three directors and two owners, operating an e-commerce site. The company specializes in retail sale via stalls and markets, and also via mail order houses or via the internet.

The website, Parallel Worlds, showcases a wide range of TV, film, comic, and gaming merchandise. From action figures and books to playing cards and T-shirts, it caters to a dedicated fanbase. The site also highlights events where they trade at comic cons and gaming events, encouraging customers to visit their stall. Best sellers include Ultimate Guard comic bags, a Motorhead pint glass, and Asterix figurines.

Financially, Parallel Worlds Books Ltd presents a mixed picture. Current assets have fallen by 8.4% to £27,000, and net assets are down 20% to -£140,000. Bank borrowings have decreased by 6.8% to £36,000, and cash reserves are at zero. Creditors have increased by 14%, which could be a result of increased stock purchases. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, and the accounts are unaudited.

The sharp decline in equity suggests the company may be burning through money, although it’s likely a result of increased investment in stock. It's possible that the company is struggling to turn a profit, but its active e-commerce site and dedicated customer base offer some hope for the future.

Registered in England/Wales under the registration number 03990848, with a registered address at LU4 0NP, Bedfordshire, 18 Wimple Road, Luton.

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