Unique Magazines Limited

Unique Magazines Ltd, based in Newcastle Upon Tyne, UK, is a small, family-run business with an active status. Established twenty-one years ago, it employs eight people and holds assets totaling £1,027,632. The company operates from a real address and is overseen by three directors and two owners. It’s a thriving e-commerce site with an impressive Google rating of 5.0 based on 425 reviews. The business irregularly imports printed materials like books, newspapers, and pictures, with the last import operation recorded one month ago in January 2022.

The company's website, uniquemagazines.co.uk, is a comprehensive online store specializing in magazine subscriptions and single issues. It caters to a wide range of interests, offering everything from art and culture to sports and hobbies. A standout feature is its ability to ship magazines worldwide, with a detailed list of countries available for selection. The site also offers a "Click Collect" service, allowing customers to pick up their orders in person. Categories are well-organized, including entertainment, history, recipes, and more. The site even has a section for businesses looking for magazine subscriptions for schools, libraries, and other organizations.

Financially, Unique Magazines Ltd shows some interesting trends. Cash reserves fell by 12% to £890,000, while creditors decreased by 17% to £740,000. Net assets increased by 71% to £130,000, and bank borrowings are at zero. Trade debtors increased by 23% to £110,000, which could indicate growing sales or extended payment terms. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The increase in equity is a positive sign, but the rise in trade debtors warrants monitoring. Overall, Unique Magazines Ltd appears to be a stable, well-regarded business, but the financial data suggests it’s navigating some challenges in managing cash flow.

Registered in England/Wales under the registration number 04842207, with a registered address at NE16 3DJ, United Kingdom, Newcastle Upon Tyne, Unique Magazines Sands Industrial Estate, Swalwell.

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