Pimoroni Ltd

Pimoroni Ltd, based in London, UK, is a small, active company founded fourteen years ago in 2011. With forty-five employees and £1,885,755 in assets, it operates from a virtual address—eighteen other companies share the same address, which is unusual. The company is owned by Beech Paul Glen and Williamson Jonathan Stephen, and managed by five directors, including Ohs Secretaries Ltd. It has a stellar 5.0 Google rating based on over two thousand reviews, and is an e-commerce site selling electronics.

Pimoroni’s core business revolves around being a “Maker store,” offering a wide range of products for electronics enthusiasts and hobbyists. Its website showcases a diverse selection of Raspberry Pi accessories, development boards, smart home devices, tools, and kits. The site features a currency selector, and even accepts Bitcoin payments via BitPay. It also has a forum and Discord server for community engagement. The company’s website indicates a focus on education and support, with tutorials and resources for beginners.

Financially, Pimoroni’s recent report shows some concerning trends. Accumulated amortisation and impairment of intangible assets increased by 8300, while depreciation of plant and machinery rose by 25%. Bank borrowings increased significantly—by 350%—reaching £190,000, which could indicate a need for increased working capital. Creditors also increased by 12%, suggesting a reliance on trade credit. However, cash reserves grew by 32%, to £270,000, which is a positive sign. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in bank borrowings and decrease in equity are worth noting. The company’s accounts are unaudited, as it’s exempt as a small company.

Overall, Pimoroni Ltd appears to be a thriving e-commerce business with a loyal customer base. While the recent financial report reveals some challenges, the company’s strong brand and innovative product offerings suggest it’s well-positioned for continued success.

Registered in England/Wales under the registration number 07510759, with a registered address at EC2V 6DN, London, 9th Floor 107 Cheapside.

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