Positive Media Promotions Ltd

Positive Media Promotions Ltd, based in Nottingham, UK, is a small, active company established 17 years ago. Employing five people, it holds assets of £292,914 and operates from a virtual address—a detail flagged by the fact that 92 companies are registered at the same location. With five directors and two owners, the company functions as an irregular importer, primarily dealing in textile products, sets, used clothing, and rags, with the last import activity occurring two months ago in October 2016.

The company's website showcases a vast range of promotional products and branded merchandise, from pens and mugs to bags, water bottles, and even corporate gifts. It’s clearly geared towards businesses looking to boost brand visibility, offering a comprehensive catalog with options for customization and bulk orders. The site’s design is modern and user-friendly, with clear categories and a dedicated section for best-selling items. It’s an e-commerce operation, with a focus on providing a wide selection and competitive pricing.

Financially, Positive Media Promotions Ltd has experienced some notable shifts. Cash reserves have significantly decreased by 64%, dropping to £44,000, and net assets have fallen by 44%, settling at £42,000. Creditors have also declined by 63%, to £4,500, which could indicate improved debt management. However, bank borrowings remain relatively stable. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is likely due to its small size and exemption from an audit.

The company’s irregular import activity, coupled with the fluctuating financial figures, suggests a business navigating some challenges. While the website demonstrates a robust e-commerce presence and a wide product offering, the decrease in cash reserves and net assets warrants closer observation. It's likely that the company is working to streamline its operations and manage its finances effectively to maintain its position in the competitive promotional products market.

Registered in England/Wales under the registration number 06303579, with a registered address at NG1 4JA, England, Nottingham, Nottinghamshire, 29 Arboretum Street.

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