Executive On Line Retail Ltd

Executive On Line Retail Ltd, based in Blaydon-On-Tyne, UK, is a small, active company founded nine years ago. With twelve employees and £356,617 in assets, it operates as an e-commerce site selling pens and stationery. Two directors and two owners manage the business, which also engages in irregular exporting of miscellaneous manufactured goods, with its last export operation occurring in May 2024. The company’s website, Executive Pens Direct, showcases a wide range of pens, from Parker and Waterman to more niche brands like Otto Hutt and Kaweco, offering both standard and personalized engraving services.

The company’s website clearly focuses on retail sales via mail order and the internet, offering a curated selection of pens and stationery, with a particular emphasis on personalized engraving. They cater to both individual customers and corporate clients, offering bulk discounts and custom branding options. The site also highlights their in-house engraving service and a sister company, North East Trophies, which offers engraving services for a wider range of items.

Financially, Executive On Line Retail Ltd shows a mixed picture. While cash reserves increased by a solid 26% to £180,000, net assets only increased slightly to £210,000. Bank borrowings increased, though, by 12% to £680. Trade creditors also rose by 14% to £100,000. The company’s size, meeting two of three criteria for being considered small, helps it maintain agility. The increase in bank borrowings and creditors, however, suggests the company might be relying more on credit to finance its operations. The lack of an auditor mentioned—likely due to being a small company—means these figures are unaudited. It's also worth noting that the company's directors' advances credits have fluctuated considerably, with a significant decrease in advances credits from directors. Overall, Executive On Line Retail Ltd appears to be a stable, albeit somewhat reliant, small business navigating the competitive pen and stationery market.

Registered in England/Wales under the registration number 09778241, with a registered address at NE21 4SQ, England, Blaydon-On-Tyne, Unit 11 Galaxy Business Park, Newburn Bridge Road.

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