MYWORLD RETAIL SERVICES UK LIMITED

Company number 06932198 ·

Liquidation

Executive summary

myWorld Retail Services UK Limited represents a failed UK market entry by an international loyalty network, now in liquidation with net liabilities of £2.7M and negligible cash reserves. The company's strategic position was fundamentally undermined by reputational damage from its Lyoness heritage, complete dependency on an intercompany funding structure, and absence of any standalone competitive moat. The liquidation represents the inevitable conclusion of a business model that could not sustain independent commercial viability in the UK market.

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Shareholders' funds

-£2,701,479

Balance sheet as at 2023-12-31

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Overview

Company type
Private Limited Company
Incorporated
2009-06-12
Registered office
Wework C/O Price & Accountants Ltd, 1 Fore Street Avenue, London, England, EC2Y 9DT
Postcode
EC2Y 9DT
Capital
50,000 GBP
Accounts category
Total Exemption Full
Charges
1 outstanding

Accounts

Last made up to
2023-12-31
Next due by
2025-09-28
Financial year end
28 December

Confirmation statement

Last statement dated
2025-06-24
Next due by
2026-07-08
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Nature of business (SIC)

  • 94990 Activities of other membership organizations not elsewhere classified

Officers 0 current · 12 resigned

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Group structure

Controlled by Myworld International Ag (389134G) — since 2023-09-18

Controlled by BENEFIT4ME INTERNATIONAL LIMITED — since 2018-01-24

From persons-with-significant-control filings on the public register.

Previous company names

NameDate changed
LYONESS UK LIMITED2018-03-02

Previous registered addresses 3

AddressChanged on
12-14 MASON'S AVENUE 1ST FLOOR, LONDON, EC2V 5BT2018-09-18
105 PICCADILLY, LONDON, W1J 7NJ2014-10-14
FLAT 929 NEW PROVIDENCE WHARF, 1 FAIRMONT AVENUE, LONDON, E14 9PL2009-10-13

The class of 2009

41%

of the 644 companies in this sector incorporated in 2009 are still active today; 58% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →