Discounted Postage Stamps Limited

Discounted Postage Stamps Limited is a small, active company based in Wembley, UK, founded four years ago in November 2020. It operates as an e-commerce site and employs just one person, holding £74,130 in assets. The company’s registered address is a virtual one, shared by seventeen other companies, and is led by one director and one owner. It primarily operates in the retail sale via mail order houses or via internet.

The company’s website, Discounted Postage Stamps, seems to focus solely on selling postage stamps and related products online. There's no indication of a broader retail operation or any physical storefront. The site appears functional and straightforward, suggesting a focus on efficient online sales rather than elaborate marketing.

Financially, Discounted Postage Stamps Limited shows some positive trends, but also a few areas of concern. Cash bank on hand increased by a substantial 90% to £67,000, and net current assets liabilities also grew by 150% to £14,000. However, trade debtors decreased by 30% to £3,200, and total inventories also dropped by 37% to £3,500. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in inventory could signal potential supply chain issues. The company’s equity increased by 94% to £17,000, which is good news. Dividends paid remained constant at £5,000. There's no auditor mentioned, which is common for small companies.

Registered in England/Wales under the registration number 13024234, with a registered address at HA9 0YJ, United Kingdom, Wembley, Rubicon House Bnd - Ground Floor, Second Way.

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