P & P Merchandising Limited

P & P Merchandising Limited, based in Mansfield, UK, is a small, active company founded 24 years ago in 2000. With two employees and a real registered address, it’s a family-run business managed by three directors and two owners. The company has a 3.0 Google rating based on just two reviews. It operates as an irregular importer, primarily bringing in clothing and accessories, not knitted or crocheted, with just two months of import activity recorded as of December 2021. The company’s core business is described as other business support service activities n.e.c.

The company’s website is not available, so it’s difficult to ascertain the exact nature of its online presence or whether it operates an e-commerce store. It’s likely focused on wholesale or trade sales rather than direct-to-consumer retail.

Financially, P & P Merchandising Limited shows a mixed picture. Cash reserves have declined by 18% to £190,000, while creditors have fallen dramatically by 96% to just £1,800—a positive sign of improved debt management. However, debtors have also decreased by 77%, suggesting slower customer payments. Equity has fallen by 19%, and net current assets liabilities are unchanged at £210,000. Property, plant, and equipment have all seen a 25% reduction. Despite these changes, the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. The accounts are audit exempt with an accountants report, so there’s no auditor mentioned.

Overall, P & P Merchandising Limited appears to be navigating a period of adjustment. The decrease in cash and equity, alongside the reduction in debtors, could indicate challenges in maintaining consistent revenue. However, the significant decrease in creditors suggests a focus on managing liabilities.

Registered in England/Wales under the registration number 04113788, with a registered address at NG21 9PF, England, Mansfield, 21 Normanton Close, Edwinstowe.

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