Worldbeaters Ltd

Worldbeaters Ltd, based in North Shields, UK, is a small, active company founded seven years ago. With five employees and £135,286 in assets, it operates from a real address and is managed by two directors and owners. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with its last import activity recorded one month ago in September 2022.

World Rhythm Musical Instruments is the company’s main focus, operating as a wholesaler of musical instruments and accessories. It doesn’t sell directly to consumers but distributes its products through retailers like Tiger Music Distribution Ltd, DJM Music Ltd, GAK, and Amazon.co.uk. The company also encourages potential customers to call their friendly team for assistance.

Financially, Worldbeaters Ltd presents a mixed picture. While cash reserves dropped by 26% to £84,000, current assets increased by 9.3% to £140,000. Creditors also rose by 33%, reaching £32,000, and trade debtors jumped a staggering 410%, hitting £51,000—perhaps indicating a shift in payment terms or a surge in new customers. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors should be monitored. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company's equity increased by 7.4%, reaching £100,000, which is a positive sign.

Registered in England/Wales under the registration number 10818244, with a registered address at NE29 6XB, England, North Shields, Tyne And Wear, Royal Quays Community Centre, Prince Consort Way.

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