Pilotfish Trading Limited

Pilotfish Trading Ltd from Stourport-On-Severn UK: a small, active company established 21 years ago, employs 12 people, and holds £439,063 in assets. With a real address and two directors, it’s a family-run operation founded by a solo entrepreneur. The company operates an e-commerce site and enjoys a solid 4.0 Google rating based on 25 reviews. It regularly imports and exports miscellaneous manufactured goods, with 4 months of import activity and 5 months of export activity recorded.

The company’s website, The Online Pen Company, is a specialist retailer of pens, pencils, and stationery. It offers a vast selection of brands—from Amsterdam to Yookers—and caters to both individual consumers and businesses. The site’s product categories range from fine writing gifts to technical drawing supplies, showcasing a diverse inventory. It’s clear the company has a passion for quality writing instruments and related accessories.

Financially, Pilotfish Trading Ltd’s recent performance presents a mixed picture. Current assets have decreased slightly, falling by 3.2% to £440,000. However, net assets have plummeted a significant 64%, dropping to £49,000—a worrying trend. Bank borrowings have increased substantially, rising by 25% to £400,000, while cash reserves have fallen by a substantial 84%, leaving just £22,000. Creditors have also increased, up 25% to £320,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp decline in equity raises questions. The company is exempt from an audit as a small company, so the figures are unaudited.

It seems the company is facing some financial pressure, despite its strong online presence and positive customer reviews. The increased reliance on borrowing suggests a need for careful cash flow management. The company's long-standing history and established brand, however, offer a foundation for future growth, and its niche focus on pens and stationery could help it weather any storms.

Registered in England/Wales under the registration number 04892700, with a registered address at DY13 9QB, Stourport-On-Severn, Worcestershire, Unit 5 Barracks Road, Sandy Lane Industrial Estate.

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