Officepro Direct Ltd

Officepro Direct Ltd, based in Nottingham, UK, is a small, active company founded twelve years ago. Employing six people and holding £103,431 in assets, it operates from a real address and is managed by two directors and a solo founder. The company boasts a respectable 4.0 Google rating from six reviews. It’s an irregular importer of electrical machinery and equipment, with just one month of imports recorded back in 2018. The business operates in the retail sale via mail order houses or via internet industries.

While the company’s website isn’t a full-blown e-commerce platform, it does list a variety of products across several categories, including electronics, cars, fashion, and collectibles. The site’s layout is a bit cluttered, with numerous ads and promotional banners, but it does offer a wide range of items, from laptops and watches to furniture and sporting goods. It's clear the company is trying to be a general marketplace, but it lacks the polish of a dedicated e-commerce site.

Financially, Officepro Direct Ltd presents a mixed picture. Net assets have fallen by a significant 39%, landing at -£75,000, while bank borrowings have increased by 2.5%, reaching £57,000. Current assets have decreased by 16%, sitting at £100,000, and trade debtors have plummeted by a staggering 82%, leaving just £15,000. Despite this, creditors have also decreased by 29%, suggesting some improvement in debt management. 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 decline in equity raises concerns. The accounts are unaudited, as is typical for a small company.

It’s worth noting that the company’s average number of employees has increased by 50%, rising to nine—a positive sign of growth, although it could also indicate increased costs. Overall, Officepro Direct Ltd appears to be navigating a challenging financial landscape, relying on a broad product range and a physical presence to sustain its operations.

Registered in England/Wales under the registration number 08082907, with a registered address at NG6 0GA, England, Nottingham, Unit 5 Church Street, Old Basford.

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