Worldwide Global Brands Ltd

Worldwide Global Brands Ltd, based in Watford, UK, is a small, active company founded just three years ago. With fourteen employees and £1,666,745 in assets, it's a solo-founded operation led by a single director and owner. The company regularly imports and exports cereal and milk-based food products—nineteen months of imports and twenty-six months of exports recorded—a testament to its ongoing trade activity.

The company’s website reveals a broader scope than initially apparent. Worldwide Global Brands positions itself as a leading global manufacturer and distributor specializing in breakfast, snacks, cakes, and beverages. It partners with notable brands like Barratt to enhance global food markets, operating in the other retail sale in non-specialised stores industries. The website also highlights a focus on sales, marketing, and distribution teams across the UK, Poland, and the USA, ensuring top-quality and compliance.

Financially, Worldwide Global Brands Ltd presents a mixed picture. Cash reserves increased significantly by 180%, reaching £820,000, a positive sign of improved liquidity. However, corporation tax payable jumped by 190%, reaching £90,000—a potential strain on resources. Trade debtors decreased by 71%, suggesting better collection practices, but creditors also fell by 39%, which could indicate a reduction in supplier credit. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but the increase in corporation tax is something to watch. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Worldwide Global Brands Ltd appears to be navigating a dynamic market, leveraging its global reach and brand partnerships while managing its financial obligations.

Registered in England/Wales under the registration number 13768355, with a registered address at WD18 8YA, England, Watford, Watford Regus Croxley Ste 1.45, Building 2, Croxley Business Park, Croxley Business Park.

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