Worthydeal Limited

Worthydeal Ltd from Cambridge UK is a small, active company founded 30 years ago. With three employees and £51,045 in assets, it operates a real address and is managed by two directors and two owners. The company runs an e-commerce site and regularly imports optical and medical tools and devices, with its last import operation dating back to September 2021. Worthydeal Ltd operates in the retail sale via mail order houses or via internet industries.

The company’s website, WorthyDeal Gifts, showcases a diverse range of products, from personalised gifts and aromatherapy items to health, fitness, and home décor. The site is well-organized, with clear categories and detailed product descriptions, and even offers shaped mugs with fun designs. The site also highlights customer service, free shipping over £20, and a money-back guarantee, aiming to build trust and encourage sales.

Financially, Worthydeal Ltd shows some concerning trends. Current assets have decreased by 14% to £51,000, and net assets have increased by 38% to £50,000. Bank borrowings have decreased by 14% to £25,000. Cash reserves have decreased by 5% to £37,000. Creditors have decreased by 10% to £36,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves and increase in creditors suggests a potential strain on working capital. No auditor is mentioned, so the financial statements are unaudited. It seems the company is holding steady, but it's important to monitor these trends closely.

Registered in England/Wales under the registration number 02933607, with a registered address at CB5 8PY, England, Cambridge, The Old Maltings, Ditton Walk.

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