Niche Pens Limited

Niche Pens Ltd from Newport UK: a small, active company founded 18 years ago, employs six people, and holds £198,511 in assets. It’s a real address with three directors and one owner, operating an e-commerce site and enjoying a stellar 5.0 Google rating from 29 reviews. The company regularly imports miscellaneous manufactured goods, with 62 months of import activity recorded.

The company’s website, Pure Pens, is a specialist online retailer of fine writing instruments. It boasts a wide selection of fountain pens, ballpoint pens, notebooks, and accessories from brands like Lamy, Pelikan, and Sailor. The site is well-designed and easy to navigate, with detailed product descriptions and high-quality images. It’s clear the company is targeting a niche market of pen enthusiasts and collectors.

Financially, Niche Pens Ltd shows a mixed picture. Current assets decreased by 19% to £200,000, while net assets increased by 41% to £58,000. Bank borrowings decreased by 46% to £12,000, and cash reserves decreased by 25% to £140,000. Creditors decreased by 46% to £12,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. However, the decrease in cash reserves suggests it’s carefully managing its finances. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Niche Pens Ltd appears to be a healthy, niche business with a strong online presence and a loyal customer base. The company’s focus on quality products and excellent customer service has helped it thrive in a competitive market.

Registered in England/Wales under the registration number 06020792, with a registered address at NP20 5NT, Wales, Newport, Gwent, 12 Waterside Court, Albany Street.

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