World Superstore Limited

World Superstore Limited, based in Tooting Broadway, London, is a small, active company founded twelve years ago in 2012. It employs three people and holds £88,928 in assets. With a real address and a single director and owner, it’s a relatively lean operation. The company is an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with two months of import activity recorded, the last operation being in April 2024. It boasts a respectable 4.0 Google rating from eight reviews.

The company’s website, Foodworld Superstore Ltd, presents a picture of a convenience store and online retailer. It lists a physical address in Birmingham, UK, and provides contact information including a phone number and social media links. The site features a subscription form and emphasizes customer support. While the branding suggests a focus on food and beverages, the site's structure is basic and lacks detailed product information. It's unclear if the Birmingham address is a separate operation or a distribution center.

Financially, World Superstore Limited is showing some concerning trends. While current assets increased by 59% to £89,000, net assets plummeted 470% to -£32,000. Bank borrowings surged dramatically, rising 22% to £18,000, and cash reserves fell 24% to £5,500. Creditors also decreased by 22%, which is good, but loans from directors increased significantly, jumping to £65,000 within a year. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the substantial equity decline and reliance on director loans raise questions about its financial stability. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, World Superstore Limited is navigating a challenging financial landscape. The company’s online presence suggests a focus on customer service, but the financial data indicates it’s burning through money, and it’s important to keep an eye on the company’s ability to generate sustainable profits.

Registered in England/Wales under the registration number 08195990, with a registered address at SW17 9PD, London, 85 Mitcham Road, Tooting Broadway.

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