Polycrown Limited

Polycrown Ltd from Bristol UK: a small, active company founded 43 years ago, employs nine people, and holds £248,291 in assets. With a real address and a single director and owner, it’s a long-standing business. The company regularly imports plastics and plastic products (5 months) and exports paper and paperboard products (9 months). 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, and employees less than 50.

Polycrown Limited operates in the manufacture of printed labels and printing services. Its website, while not providing detailed e-commerce functionality, highlights its expertise in label production and printing. The company offers a range of services, including bespoke label design, printing, and finishing, catering to various industries. It’s unclear if they sell directly to consumers or primarily serve business clients.

Financially, Polycrown Ltd shows some concerning trends. While bank borrowings increased by a significant 290%, cash reserves decreased by nearly 50% to £43,000. Trade debtors also rose considerably, suggesting potential issues with customer payments. However, creditors decreased, indicating improved debt management. Net assets remained relatively stable at £130,000. The company’s small size and lack of an auditor (likely exempt due to its size) mean the figures are unaudited.

Despite these challenges, Polycrown Ltd’s longevity and established presence in the printing industry suggest a resilient business. The increase in bank borrowings could be linked to investments in equipment or expansion, but the decline in cash reserves warrants close monitoring. The company’s ability to maintain its import and export activities, despite these financial pressures, points to a continued demand for its products.

Registered in England/Wales under the registration number 01587102, with a registered address at BS49 4AU, England, Bristol, Unit 3 Smiths Forge North End Road, Yatton.

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