Piping Rock Uk Limited

Piping Rock UK Ltd, based in Leicester, is a sizable company with an active status, established five years ago. Employing 28 individuals, it holds £3,556,439 in assets and generates £8,916,169 in yearly revenue. The company, managed by three directors and one owner, boasts a respectable 4.0 Google rating from five reviews. It regularly imports plastics and plastic products (28 months) and exports miscellaneous food products (15 months).

This is a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250. The company operates in the retail sale via mail order houses or via internet industries.

A review of Piping Rock UK Ltd’s financial data reveals some interesting trends. Accrued liabilities and deferred income have increased significantly, by 78%, while amortisation expense for intangible assets has decreased by a substantial 75%. Bank borrowings have jumped considerably, and cash bank on hand has improved by 54%. Despite a decline in administrative expenses, the company’s net assets have taken a hit, dropping by 160%. It’s worth noting that the company’s tax expense credit has also decreased, suggesting changes in tax strategies or a shift in profitability.

The company’s focus on importing plastics and exporting food products is clear, but the financial data suggests a period of adjustment. The increase in liabilities could indicate investments in inventory or expansion, but the decrease in net assets raises questions about overall profitability. The lack of an auditor mentioned suggests the company is exempt from external audits, relying on internally generated financial reports. The company’s success will likely depend on its ability to manage its liabilities and maintain its customer base in a competitive market.

Registered in England/Wales under the registration number 12160645, with a registered address at LE3 1BY, United Kingdom, Leicester, 2 Ashridge Close.

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