Pjt Sales And Distribution Limited

Pjt Sales And Distribution Ltd from Castlewellan UK: a small, active company founded thirteen years ago, employs twelve people, and holds £1,603,378 in assets. It’s a real address with three directors and one owner, boasting a stellar 5.0 Google rating from two reviews. The company is a regular importer of cereal and milk-based food products, with six months of import activity recorded, the last operation made on July 01, 2023. It operates in the non-specialised wholesale trade industries.

While the company’s website is unavailable, its registration details reveal a focus on importing and distributing food products. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company’s financial health presents a mixed picture. Accrued liabilities increased by 26%, while bank borrowings decreased by 18%, suggesting a shift in financing strategies. Cash reserves, however, rose by a respectable 39%, indicating improved liquidity. Trade creditors decreased by 14%, which is a good sign.

Despite these positive trends, net assets dropped by 20%, which could be due to increased investment or revaluation of assets. The company’s reliance on creditors—currently at £1,600,000—is something to keep an eye on. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Pjt Sales And Distribution Ltd appears to be navigating a competitive market. While the financial picture isn’t perfect, the company’s strong Google rating and focus on importing food products suggest a solid foundation. It's a small business, and it’s likely facing the usual challenges of managing cash flow and maintaining profitability.

Registered in Northern Ireland under the registration number NI608271, with a registered address at BT31 9BJ, Castlewellan, Co. Down, Old Mill Industrial Estate, Clarkill Road.

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