Byline Publications Limited

Byline Publications Limited is a small, holding company based in London, UK, with an active trading status. Founded four years ago in January 2021, it employs just two people and holds £338,052 in assets. The company operates from a real address and is managed by one director and two owners, although the ownership list changed four months ago. It functions as a regular importer of toys, games, and sports equipment, with 13 months of import activity recorded, the latest in November 2024. It also exports jewelry, precious stones, and metals, but only irregularly, with just two months of export activity as of November 2022. The company’s website is currently under construction, but it lists a VAT number and registration number, and mentions a registered address on Southwark Street.

The company’s activities appear to be focused on other business support services, and it seems to have a presence in the publishing sector, as suggested by its name. The website also lists Byline Publishing Services Ltd and Oakley Rachael Louise as funders and directors respectively. The company’s profile on Companies House indicates a focus on accounting standards and compliance, with a particular emphasis on small companies regime.

Financially, Byline Publications Limited presents a mixed picture. Current assets have decreased by 35% to £340,000, while net assets have fallen by 29% to -£880,000. Bank borrowings have decreased, but cash reserves have also fallen significantly. Trade creditors have dropped considerably, suggesting improved debt management, but trade debtors have also declined. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity is concerning. The company is exempt from an audit, so the financial data is unaudited.

The decrease in assets and the negative equity suggest that Byline Publications Limited may be burning through cash, but the decrease in creditors is a positive sign. It’s possible that the company is undergoing a period of restructuring or investment, but the lack of information on the website makes it difficult to assess the situation fully.

Registered in England/Wales under the registration number 13111479, with a registered address at SE10 8TZ, United Kingdom, London, 24 Ashburnham Place.

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