Pinnacle Plus Limited

Pinnacle Plus Ltd, based in London, UK, is a small, holding company with an active status. Established 22 years ago in 2003, the company holds £3,016,703 in assets and operates from a real address at 203 Kilburn High Road. It's managed by three directors and has one owner, although this list may not be exhaustive. Pinnacle Plus Ltd is an irregular importer, primarily dealing in electrical machinery and equipment, with just one month of import activity recorded as of December 2023. The company operates within the other engineering activities industries.

The company’s website is currently unavailable, making it difficult to assess its online presence and specific business model. It’s unclear if they operate an e-commerce platform or primarily engage in wholesale activities.

Financially, Pinnacle Plus Ltd presents a mixed picture. While current assets increased by a substantial 76% to £3,000,000, trade debtors also rose significantly, mirroring this growth. Cash bank on hand, however, increased by a more modest 120% to £23,000. Creditors have also increased dramatically, rising 380% to £900,000 in the year after. Equity remained stable at £4,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. There is no auditor mentioned, which is likely due to its status as a small company and exemption from an audit. The accounts are unaudited, so the figures rely on director-reported data.

The increase in debt could be a result of increased business activity or perhaps a strategic move to finance growth—but it’s something to keep an eye on. The company's stability appears to be holding, but the financial data suggests a need for careful management of liabilities.

Registered in England/Wales under the registration number 04742505, with a registered address at NW6 7HY, London, Greater London, 203 Kilburn High Road.

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