Payntr Brand Limited

Payntr Brand Ltd from Brighouse UK: a small holding company with an active status, was founded nine years ago and employs three people. It holds £185,175 in assets and operates from a real address, managed by two directors and one owner, and runs an e-commerce site. The company regularly imports headgear and accessories (5 months imported) and exports footwear and related items (4 months exported).

The company’s website, PAYNTR Golf, focuses on performance golf shoes and accessories. It’s clear they’re targeting a premium market, with a range of spiked and spikeless golf shoes, training gear, and accessories, all designed to enhance golfer speed and power. Jason Day, a professional golfer, collaborates on a collection, adding to the brand's appeal. The site offers free UK shipping over £75 and promotions on socks and gloves, encouraging repeat business.

Financially, Payntr Brand Ltd shows some concerning trends. While bank borrowings increased by a significant 190%, cash reserves plummeted 98%, leaving just £940. Current assets also decreased by 28%, dropping to £190,000. Creditors, however, rose by 70%, suggesting the company is relying more on credit to manage its operations. 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 agility, but the sharp decline in cash and equity (down 29%) is a cause for concern. With no auditor mentioned, the unaudited figures rely on director-reported data. It's not clear what the reason is behind the sharp drop in cash reserves, but it may be related to increased investment in inventory or marketing.

Registered in England/Wales under the registration number 09862674, with a registered address at HD6 3PQ, United Kingdom, Brighouse, West Yorkshire, 24 Foxcroft Drive.

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