Wordunited Ltd

Wordunited Ltd, based in Stoke-On-Trent, UK, is a small, active company established twelve years ago. Employing eighteen people, it holds assets totaling £1,291,493. The company operates an e-commerce site and has a 4.0 Google rating based on five reviews. It’s a regular exporter of toys, games, and sports equipment (for forty-four months), but imports these items irregularly (just one month). There are three directors, but no owners are reported, which is a bit unusual.

The company’s website showcases a wide range of educational toys, books, and learning resources for children from birth to eleven years old. It specializes in alphabet toys, number toys, science kits, and books catering to various learning styles and needs, including those with special educational needs like autism and dyslexia. The site also offers resources in multiple languages, including French, Spanish, and German. It's clear they're aiming to be a one-stop shop for parents and educators.

Financially, Wordunited Ltd's recent report presents a mixed picture. Current assets have decreased by 24% to £1,300,000, while net assets have also fallen by 2.6% to £620,000. Bank borrowings have dramatically increased by 540%, reaching £380,000, and cash reserves have dropped 85% to just £60,000. Creditors have also decreased by 74%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for being small—helps it stay nimble. The lack of an auditor is not surprising, given its size and exemption status.

The sharp decrease in cash reserves and the significant rise in bank borrowings are concerning. While the company’s e-commerce operations seem successful, these financial trends suggest it might be burning through cash faster than it’s generating revenue. It's possible the company has been investing heavily in inventory or marketing, but it's also possible that sales have slowed down. The increase in borrowings could be a short-term solution, but it’s something to watch closely.

Registered in England/Wales under the registration number 08466713, with a registered address at ST6 5GF, United Kingdom, Stoke-On-Trent, Staffordshire, Unit 4 Tunstall Arrow South, James Brindley Way.

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