Paynter Ltd

Paynter Ltd, based in London, UK, is a small, active company founded six years ago. With two employees and £1,370,377 in assets, it operates from a real address and is led by two directors and two owners. The company runs an e-commerce site and regularly imports and exports clothing and accessories, not knitted or crocheted – 22 months of imports and 10 months of exports recorded.

The company's website, Paynter Jacket Co., showcases a unique approach to clothing retail. It focuses on limited-edition jackets, available only a few times a year, with a strong emphasis on Italian denim workshirts and other handcrafted items. The site features a "batch" system, creating a sense of exclusivity and scarcity. Customer testimonials are prominently displayed, highlighting the brand's commitment to quality and meaning. The website also has a podcast and FAQs.

Financially, Paynter Ltd shows some interesting trends. While cash reserves increased by a substantial 110% to £720,000, net assets also rose dramatically by 1200% to £460,000. However, accrued liabilities jumped significantly, increasing 240% to £650,000, and trade debtors soared by a staggering 3500% to £440,000. Bank borrowings were reduced to zero. 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 sharp increase in liabilities and debtors suggests a need to manage cash flow more closely. There's no auditor mentioned, so the accounts are unaudited. The company’s growth is promising, but it will be important to monitor these trends in the coming year.

Registered in England/Wales under the registration number 11827452, with a registered address at E8 3RL, England, London, 108 Netil House 1 Westgate Street.

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