Collectable Power Ltd

Collectable Power Ltd is a small, active company based in London, UK, established three years ago in 2021. With just two employees and £220,372 in assets, it operates from a virtual address shared by many other businesses, a little concerning really. The company is led by two directors and owners, Orlando Matthew and Pardue Cameron William. It specializes in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets.

The company's website, PSA Grading UK, positions itself as a middleman for Pokemon card grading services through PSA. It emphasizes a fast, safe, and efficient service, and boasts of having sent over 50,000 cards to PSA on behalf of its clients. The site highlights its zero upfront cost model and partnership with PSA, offering a convenient option for collectors seeking professional card grading. The website also mentions a secondary business involving high-end piano restoration, which is a little surprising.

Financially, Collectable Power Ltd shows a mixed picture. Current assets have decreased by 39%, dropping to £220,000, while net assets have also declined by 24% to £190,000. Cash reserves have increased by 71%, reaching £40,000, which is a positive sign. However, finished goods have fallen by 47%, suggesting a need to manage inventory more effectively. Creditors have decreased by 73%, which is good, but bank borrowings have increased. The company’s small size (meeting two of three conditions for small company status) helps it remain flexible, but the decline in equity raises some questions. As a small company, it’s exempt from an audit, so the financial information is unaudited.

Overall, Collectable Power Ltd seems to be navigating some financial challenges, but its focus on a niche market and its partnership with PSA could help it sustain growth.

Registered in England/Wales under the registration number 13345339, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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