Letterpress Services Limited

Letterpress Services Ltd from Wakefield, UK, is a small, active company founded 22 years ago, back in December 2002. With £95,666 in assets, it operates from a real address and is led by a single director and owner – a solo founder. The company's status is active. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s been importing vehicles, parts, and accessories (excluding trains and trams) irregularly, with the last import operation occurring way back in July 2017. Interestingly, it hasn’s exported anything for over seven years, with the last export activity recorded in May 2016.

The company’s website reveals it’s a printer repair service based in Horbury, England. It's a private limited company, and its core business revolves around the repair of machinery. It's clear they're focused on maintaining and fixing printing equipment.

Looking at the financial data, things are a little mixed. While cash bank on hand has decreased by 38% to £19,000, trade debtors have increased by 12% to £76,000. Creditors have also risen, up 65% to £26,000. The company’s net assets remain stable at £500,000. The depreciation charge for motor vehicles has increased by 35%, and plant machinery is up 33%, which could indicate increased repair work or investment in equipment. It's worth noting that the company’s property plant and equipment gross cost has remained stable, despite the increase in depreciation. The company’s net current assets liabilities have decreased by 17%, which is a positive sign.

The company is exempt from an audit, and the accounts are unaudited. The lack of employees (zero reported) suggests a lean operation, likely managed by the director. The company’s financial position seems stable, but the increase in creditors and decrease in cash reserves could indicate a need for careful cash flow management. It's likely the company is facing typical challenges for a small business operating in a specialized repair industry.

Registered in England/Wales under the registration number 04626014, with a registered address at WF4 5EH, United Kingdom, Wakefield, West Yorkshire, Letterpress House Forge Lane, Horbury.

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