Piedro Ltd

Piedro Ltd from Hinckley UK: a small, active company founded 23 years ago, employs just one person, and holds £1,893,583 in assets. It's a real address with three directors and one owner, operating an e-commerce site and regularly importing optical and medical tools and devices—40 months worth, with the latest import in February 2025. The company is a wholesale business, specializing in children’s and adult orthopaedic footwear, with a strong emphasis on quality and customisation.

The company’s website showcases a wide range of footwear, from children’s orthopaedic shoes to custom-made options, and even a self-play system for pianos. It has a good reputation, with a dedicated customer service team and a focus on providing personalised solutions. The site also features a blog with training and education resources, demonstrating a commitment to industry expertise.

Financially, Piedro Ltd shows a mixed picture. While current assets increased by a considerable 590% to £1.9 million, net assets decreased by 35% to -£680,000. Bank borrowings have vanished, but trade debtors have soared by 710% to £1.9 million, which could be a cause for concern. Creditors also increased significantly, rising 74% to £2.7 million. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible. No auditor is mentioned, likely due to the small company exemption.

The company's equity has taken a hit, suggesting it may be burning through cash to fuel growth. The surge in trade debtors could indicate difficulties in collecting payments, or perhaps an expansion of credit terms. While the e-commerce side appears robust and well-managed, the financial numbers warrant close attention.

Registered in England/Wales under the registration number 04354646, with a registered address at LE10 1YF, England, Hinckley, Leicestershire, Unit 4 Maizefield.

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