I Print Graphic Solutions Limited

I Print Graphic Solutions Ltd from Leicester UK: a small company with an active status, was founded 11 years ago. It employs six people and holds £182,527 in assets, operating from a virtual address. The company has two directors and a single owner, who is also the solo founder, and enjoys a perfect 5.0 Google rating based on two reviews. It’s an irregular importer of electrical machinery and equipment, with just one month of imports recorded.

The company’s core business is printing and photographic activities, operating from a virtual address registered at 32 De Montfort Street. The address is probably virtual as twenty companies registered at the same address. While a small operation, it’s a real business with a solid foundation.

Financially, I Print Graphic Solutions Ltd presents a mixed picture. Current assets have decreased significantly, dropping 43% to £180,000. Debtors have also fallen by 39%, to £150,000, and net assets have plummeted 86%, to just £15,000. Bank borrowings have also decreased, a positive sign. However, the substantial drop in equity raises concerns about the company’s financial health. Creditors have decreased by 17%, suggesting better debt management. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The company’s financial data shows a concerning trend of declining equity and net assets. While the decrease in bank borrowings is a positive sign, the significant drop in assets suggests the company is burning through money. It's possible this is a temporary situation, perhaps due to investments in new equipment or marketing efforts, but it warrants close monitoring. The lack of employees (six reported) indicates a lean operation, but the financial strain could impact its ability to grow and innovate.

Registered in England/Wales under the registration number 08607196, with a registered address at LE1 7GD, Leicester, Leicestershire, 32 De Montfort Street.

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