Piccadilly Greetings Group Limited

Piccadilly Greetings Group Ltd from Hemel Hempstead UK: a large company, active status, founded 34 years ago, employing 60 people, holding £3,123,069 in assets, and generating £6,300,497 in yearly revenue. It has a real address, five directors, and one owner, boasting a stellar 5.0 Google rating from 21 reviews. The company regularly imports paper and paperboard products (18 months) and exports printed materials like books, newspapers, and pictures (27 months).

The company operates as a family-owned and run business, supplying high-quality greeting cards for over 34 years, and is now one of the UK’s leading publishers and manufacturers. It operates an integrated business, comprising design, manufacturing, warehousing, and distribution of greeting cards, allowing it to provide value and quality to its customers. The product range extends over 6,000 designs of cards, giftwrap, and social stationery, all designed, manufactured, and warehoused at its 70,000 sq. ft. facility. It serves specialist and non-specialist retailers and distributors both in the UK and internationally, specializing in bespoke, own-label, and foreign-language products.

The company's website highlights its commitment to design, manufacture, and supply of greeting cards. It’s clear that they’re focused on maintaining a wide range of products and services, including UK manufacturing and warehousing. The website also mentions FSC certification, emphasizing their commitment to sustainable and responsible sourcing.

Financially, Piccadilly Greetings Group Ltd shows a mixed picture. While turnover increased by 6%, net assets increased by 9.9%, and bank borrowings decreased by 34%, cash reserves remained constant. Creditors decreased by 26%, suggesting improved debt management. However, administrative expenses increased by 6.4%, and the company’s average number of employees rose by 23%, to 74—a significant jump. The company’s size (meeting two of three criteria for a large company) indicates it’s a substantial operation, but the rise in expenses warrants close monitoring. The company’s auditor, Haines Watts, provided an audit report on September 26, 2024. It seems like the company is holding its own, but the increased expenses and employee numbers could be a sign of growth pains.

Registered in England/Wales under the registration number 02567156, with a registered address at HP2 7FZ, Hemel Hempstead, Hertfordshire, 4 Horizon Point, Swallowdale Lane.

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