Reuseaworld Ltd

Reuseaworld Ltd, based in Corby, UK, is a small, active company founded eleven years ago in 2014. Employing 57 people, it holds £871,782 in assets and operates from a real address on Willowbrook East Industrial Estate. The company, which has no owners reported, is run by a single director, Fitzgerald Mark. Its Google rating sits at 3.0 based on 59 reviews, suggesting room for improvement.

Reuseaworld Ltd operates in the retail sale via mail order houses or via internet industries, essentially running an e-commerce site. The website, Reuseabook, is a vibrant online bookstore with a wide selection of books, from fiction and non-fiction to children's books and educational materials. The site boasts an extensive range of categories and even includes a section for "visual dictionaries" and "educational materials." It's clearly aimed at a broad audience, offering something for everyone. Country regions are listed with their respective currencies, which is a nice touch.

Financially, Reuseaworld Ltd shows some concerning trends. Accumulated amortisation impairment intangible assets increased by 16%, and depreciation impairment property plant equipment rose by 33%. Bank borrowings increased significantly, though the specifics are unclear. Creditors also increased substantially, reaching £950,000, which is a considerable amount compared to its size. On a positive note, cash bank on hand increased by 40%, suggesting improved liquidity. The company's small size—meeting two of three conditions for a small company—helps it remain flexible, but the increase in creditors and the decrease in equity are worth noting. The company’s net assets declined by 84%, which is a significant drop. With no auditor mentioned, the financial statements are unaudited.

Overall, Reuseaworld Ltd seems to be navigating a challenging period. While its e-commerce platform appears active and well-stocked, the financial data suggests it's burning through cash, and the company may need to address its increasing debt load.

Registered in England/Wales under the registration number 08954610, with a registered address at NN17 5XJ, England, Corby, Northants, 5 Pywell Road, Willowbrook East Industrial Estate.

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