Worxzone Ltd

Worxzone Ltd, based in Watford, UK, is a small, active company founded six years ago in 2019. With four employees and £88,932 in assets, it operates from a real address and is managed by a single director and owner. Google reviews give it a perfect 5.0 rating based on five reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with the last import activity recorded two months ago. It’s classified as operating in the other specialised construction activities n.e.c. industries.

The company’s website is minimal, offering no clear indication of its online presence or e-commerce activities. It appears to focus on construction-related services, but lacks detailed information about its offerings or projects.

Financially, Worxzone Ltd presents a mixed picture. While bank borrowings increased significantly by 110% to £45,000, cash reserves decreased by 45% to £32,000. Current assets also fell by 16% to £89,000. Creditors, however, rose by 110% to £45,000, and debtors dropped by 50% to £11,000. Depreciation charges on motor vehicles increased by 41%, while the company’s equity declined by 18% to £39,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the drop in equity and cash reserves suggests potential financial strain. The lack of an auditor (likely exempt due to its size) means these are unaudited figures. Loans from directors, however, decreased significantly, reducing the amount owed to the director by 230%. It's a little confusing, to be honest.

Registered in England/Wales under the registration number 11959114, with a registered address at WD24 4PT, England, Watford, Unit 3 8, Colonial Way.

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