Paperstone Limited

Paperstone Limited, based in Tunbridge Wells, UK, is a small, active company established 20 years ago. Employing 15 people, it holds £1,553,024 in assets and operates a real address. With three directors and no reported owners, Paperstone runs an e-commerce site and boasts a solid Google rating of 4.0 based on 40 reviews.

The company specializes in the retail sale via mail order houses or via internet, offering a wide range of office supplies, filing solutions, catering items, and furniture. Its website showcases a vast catalog, from pens and paper to printers and office screens, catering to businesses of all sizes. They also have a strong focus on popular brands and offer a "Low Price Promise," alongside free next-day delivery for orders over £50. The site also includes a blog with insights and tips to boost business.

Financially, Paperstone shows a mixed picture. While current assets increased by 13% to £1,600,000, net assets grew by a more substantial 26% to £560,000. Bank borrowings decreased by 71% to £12,000, and cash reserves increased by 11% to £1,100,000. Creditors, however, rose by 8.7% to £1,100,000. The company meets two of three conditions to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 30 employees. The increase in creditors may suggest a need to manage short-term liabilities. As a small company, it is exempt from an audit, and the figures are unaudited.

The company's average number of employees increased by 13% to 17, indicating growth and potential expansion. The increase in cash reserves is a positive sign, but the rising creditors warrant close monitoring. Overall, Paperstone appears to be a stable, growing business, although it's important to keep an eye on its debt management.

Registered in England/Wales under the registration number 05214658, with a registered address at TN1 1EN, England, Tunbridge Wells, Oxford House, 15 - 17 Mount Ephraim Road.

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