Pinnaca Retail Solutions Ltd

Pinnaca Retail Solutions Ltd, based in Loughton, UK, is a small, family-run business that’s been active for nine years. With 18 employees and £1,587,669 in assets, the company operates from a real address and is led by two directors and owners. They run an e-commerce site and have earned a stellar 5.0 Google rating from 99 reviews. The business occasionally imports machinery, boilers, and mechanical appliances—parts, with the last import happening two months ago—and exports electrical machinery and equipment, also with two months of export activity.

The company’s website positions them as a leading provider of managed IT services for the retail sector. They offer a wide range of solutions, including software licensing, hardware support, EPOS systems, and cybersecurity services. The site is packed with informative content, including blog posts and guides on topics like omnichannel retailing and mobile POS systems. It seems they are really focused on helping retailers optimize their technology.

Financially, Pinnaca Retail Solutions Ltd shows some concerning trends. Current assets have decreased by 4.3% to £1,600,000, while net assets have fallen 8.2% to £1,000,000. Bank borrowings have increased by a significant 16% to £23,000, and cash reserves have dropped 2.5% to £1,200,000. Creditors have increased by 4.1% to £560,000, and trade debtors have fallen by 9% to £410,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain agile, but the decline in equity is a cause for concern. It’s worth noting that no auditor is mentioned, which is likely due to the company’s exemption as a small business.

Overall, Pinnaca Retail Solutions Ltd appears to be a well-regarded IT services provider for the retail sector, but the recent financial data suggests it’s facing some challenges. Whether these are temporary setbacks or longer-term issues remains to be seen—but it’s clear that the company will need to carefully manage its finances to ensure its continued success.

Registered in England/Wales under the registration number 09749771, with a registered address at IG10 3TS, England, Loughton, Essex, Sterling House Ground Floor Suite G1a, Langston Road.

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