Stringers World Limited

Stringers World Ltd, based in Maldon, UK, is a small, active company established nineteen years ago. Employing twelve people and holding £873,854 in assets, it operates from a virtual address, a detail flagged by the presence of thirty-one companies registered at the same location. The business is led by three directors and has one owner, and runs an e-commerce site specializing in sports equipment. It’s a regular importer and exporter of toys, games, and sports equipment, with nineteen months of import activity and twenty-two months of export activity recorded, the latest in February 2025.

The website, Stringers World, is a comprehensive online store catering to a wide range of sports enthusiasts. It offers a vast selection of tennis, badminton, squash, table tennis, racketball, padel, pickleball, and even table tennis equipment, alongside clothing and accessories. The site prominently features a currency converter, flexible payment options (including "Buy Now, Pay Later"), and a loyalty program, aiming to provide a seamless shopping experience. It also has a section dedicated to "Trending Now," highlighting popular products and promotions.

Financially, Stringers World Ltd shows some concerning trends. Current assets decreased by 11%, dropping to £870,000, while net assets also declined by 2.7%, settling at £32,000. Bank borrowings increased by 45%, reaching £16,000, and cash reserves rose by 38%, hitting £17,000. Trade creditors decreased by 11%, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is typical for a small company, and the figures are unaudited.

In conclusion, Stringers World Ltd appears to be a well-established e-commerce business with a strong product offering. However, the decline in current assets and net assets suggests potential financial pressures, despite the increase in cash reserves. The company’s small size allows for agility, but it will need to carefully manage its finances to sustain its growth.

Registered in England/Wales under the registration number 05708432, with a registered address at CM9 4ST, England, Maldon, Langford Hall Barn Witham Road, Langford.

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