Platinum Labels Limited

Platinum Labels Ltd, based in Bradford, UK, is a small, active company established 17 years ago. With 15 employees and £1,720,032 in assets, it’s a well-established player in the woven and decorative fabrics market. The company boasts a real address and is overseen by two directors and a single owner. Regular import activity, spanning 217 months, and more recent export activity (9 months) demonstrate its involvement in international trade.

The company’s website highlights its focus on creating "exceptional labels to build global brands." It offers a range of products including woven labels, tickets, washcare instructions, leather patches, seals, metals, and packaging solutions. The site also showcases a B2B focus, with online ordering capabilities and a dedicated news section. Platinum Labels operates from Fairfield House, Toller Lane, and has a contact number listed.

Financially, Platinum Labels shows a mixed picture. While current assets increased by 12% to £1,700,000, net assets also rose by 18% to £1,300,000. Bank borrowings, however, increased dramatically by 350%, reaching £55,000, and cash reserves grew by 270% to £24,000. Creditors remained relatively stable, and trade debtors decreased slightly. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

Overall, Platinum Labels appears to be a financially stable company, but the significant increase in bank borrowings warrants attention. The company’s focus on high-quality labels and its B2B-oriented website suggest a commitment to building strong customer relationships—a strategy that could help it navigate any future financial challenges.

Registered in England/Wales under the registration number 06424972, with a registered address at BD8 8LX, England, Bradford, Fairfield House, Toller Lane.

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