Pickmore Limited

Pickmore Limited, based in London, UK, is a small, active company established four years ago. With a single employee and £248,686 in assets, it operates as an e-commerce site and is led by a solo founder who also serves as director and owner. The company’s registered address is a virtual one, shared by a large number of other businesses.

Pickmore Limited specializes in the wholesale of electronic and telecommunications equipment and parts, alongside non-specialized wholesale trade and retail sales via the internet. The website showcases a wide range of extension leads, cable management solutions, lighting, power tools, and water pumps—catering to both professional and DIY customers. It even offers free 24-48 hour delivery and a hotline for support.

Financially, Pickmore Limited’s numbers paint a mixed picture. Cash bank on hand increased by a substantial 49% to £81,000, which is a positive sign. However, trade debtors surged by a massive 550%, reaching £25,000—suggesting potential issues with customer payments. Creditors remained stable at £180,000, and equity increased slightly to £72,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the significant increase in debtors warrants closer attention. The company’s inventory decreased by 22%, which could be a sign of reduced sales or strategic inventory management. No auditor is mentioned, which is common for small companies.

Overall, Pickmore Limited appears to be a growing e-commerce business, but the increase in outstanding debts could pose a challenge in the future.

Registered in England/Wales under the registration number 13227379, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.

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