Pinntec Limited

Pinntec Limited, a small, active company based in Newtown Unthank, Leicestershire, UK, has been operating for seven years. With eleven employees and £365,658 in assets, the company is run by two directors and two owners. Pinntec Limited regularly imports machinery, boilers, and mechanical appliances, parts (for ten months), and exports electrical machinery and equipment (for five months). It's a real address, with only one other company registered there.

The company operates in several industries, including information technology services, management consultancy, and computer repair. Its website, Pinntec Direct, showcases a wide range of products, from laptops and monitors to POS systems and digital signage, targeting both consumers and businesses. It's a specialist in self-service and automated solutions, with a focus on virtual entertainment systems and kiosks.

Financially, Pinntec Limited’s numbers present a mixed picture. While cash reserves have increased significantly by 570%, reaching £60,000, net assets have soared by 34,000%, jumping to £63,000. Average employee numbers have increased by 73%, to nineteen, which could be a sign of growth. However, accrued liabilities have also increased, by 79%, reaching £32,000. Trade debtors have increased by 7%, reaching £280,000, which may indicate some difficulties in collecting payments. The company’s small size (meeting two of three conditions for being a small company) helps it remain flexible.

The company’s unaudited accounts, prepared by 9ine, don’t mention an auditor, which is typical for smaller companies. It’s clear that Pinntec Limited is expanding its operations, but the increase in liabilities suggests it’s burning through cash faster than it’s bringing in revenue. Whether this is a temporary issue or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 10741709, with a registered address at LE9 9FL, England, Newtown Unthank, Leicestershire, Offices 4 & 5, The Granary Newtown Grange Farm Business Park, Desford Road.

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