Eprinto Ltd

Eprinto Ltd is a small, active company based in London, UK, founded four years ago in November 2020. It employs just one person and holds £2,552 in assets. With a real address and a single director and owner, it’s a compact operation. The company operates in both retail sales via mail order and internet, and provides other business support services.

The website reveals a significant shift in direction. Initially focused on rag production, Eprinto Ltd is now selling high-quality machinery, likely to cater to culinary operations. Featured items include a Mixer, Meatballs former, Steam Retort, ABM Meatball Roller, and a Mincer, all available at discounted prices. The site also includes standard terms and conditions, privacy policy, and contact information. Cateritaly Ltd is listed as the owner of the site, and the business is located in Glasgow.

Financially, Eprinto Ltd presents a mixed picture. Current assets have increased by a substantial 320% to £2,600, but net assets have plummeted by a staggering 4,400% to -£1,700. Creditors have also risen dramatically, increasing by 650% to £4,200. While cash reserves have improved by 190% to £1,800, the negative equity is a cause for concern. Trade debtors have also increased, rising by 100% to £800. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant decline in equity suggests it’s burning through cash. The company is exempt from an audit, so the figures are unaudited.

It seems Eprinto Ltd is undergoing a transition, pivoting from rag production to selling machinery. Whether this new venture can generate sufficient revenue to offset the negative equity and stabilize the company’s finances remains to be seen.

Registered in England/Wales under the registration number 13013373, with a registered address at E11 4QS, England, London, 753a High Road Leytonstone.

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