Work Free World Ltd

Work Free World Ltd from Newcastle Upon Tyne UK: small company, active status, founded 11 years ago, 2 employees, £6,619 assets, real address, 2 directors, 2 owners, e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £6,619. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors, and two employees.

The company's website, Work Free World, appears to be a straightforward e-commerce platform. It's difficult to tell exactly what they sell without further investigation, but the site's presence suggests a focus on online retail. The site looks professional, but lacks detailed product descriptions.

Financially, Work Free World Ltd presents a picture of a very small, potentially struggling business. Net assets are negative, standing at -£57,000, and cash reserves are minimal at just £190. Bank borrowings decreased significantly, dropping by 51% to £2,400. Creditors also decreased by 2.4% to £69,000. The company’s small size helps it stay agile, but the negative equity and low cash position raise concerns. The lack of employees (just two reported) suggests a lean operation, but it also limits the company’s capacity for growth. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's previous name was Wasssn Ltd. and the directors and owners are Robertson Lisa Ann and Lavin Oliver Paul.

Registered in England/Wales under the registration number 08529417, with a registered address at NE12 8EG, Newcastle Upon Tyne, Rmt Accountants And Business Advisors Limited, Gosforth Park Avenue.

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