Coral Print Ltd

Coral Print Ltd, based in Stafford, UK, is a small, active company founded seven years ago in 2018. With just one employee and £6,708 in assets, it’s a solo-founded operation managed by a single director and owner, Ozcan Bulent. The business operates in both retail sales via mail order and internet, and freight transport by road industries. While it's a small operation, it's registered at a real address shared by only one other company.

The company’s website, while not fully developed, suggests a focus on printing services, potentially for promotional materials and marketing collateral. It’s unclear if this is a full-fledged e-commerce site or a simple online presence to support its other activities. The business seems to be a bit old fashioned, but it's still active.

Financially, Coral Print Ltd is showing some concerning trends. While bank cash increased by a healthy 100% to £2,600, net assets only rose slightly to £1,500. Trade debtors increased significantly by 79%, suggesting a reliance on outstanding payments. However, creditors also increased by 100% to £5,200, and other taxation social security payable increased by a staggering 510% to £3,100, which is a big problem. Cash bank on hand is also low. The company meets two of three criteria to be considered small: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 30 employees. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Coral Print Ltd is struggling to keep its head above water. The increase in creditors and social security payments suggests it’s burning through cash, and the lack of substantial growth in assets raises concerns about its long-term viability. It’s a small business facing challenges, and its future depends on improving cash flow and managing its debts.

Registered in England/Wales under the registration number 11229189, with a registered address at ST16 2PS, England, Stafford, 1 Sash Court, Sash Street.

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