Precision Card Services Limited

Precision Card Services Limited, based in Macclesfield, UK, is a small, active company established 29 years ago. With 37 employees and £2,054,583 in assets, it's a well-established player in its sector. The company, founded by a solo entrepreneur, is now jointly owned and directed by two individuals. It regularly imports and exports electrical machinery and equipment—43 months of import activity and 12 months of export activity recorded, the latest in October 2022.

The company operates in the manufacture of other plastic products industries, offering a wide range of plastic cards, stationery, and related services. Its website highlights a focus on recyclable and biodegradable cards, providing end-to-end services from printing and manufacturing to mailing and fulfilment. Certus Card Group, as it's now known following a merger with Incodia International, caters to clients across multiple sectors, including retail, finance, hotels, and the public sector, producing over 160 million cards annually. Testimonials from clients like Coop Denmark and Showcase Cinemas praise the company's quality products and reliable service.

Financially, Precision Card Services Limited demonstrates a mixed picture. Current assets increased by 5.5% to £2,100,000, while net assets jumped 18% to £1,500,000. Bank borrowings have increased, and cash reserves have grown significantly. However, the company’s liabilities have also increased, and it’s net losses deepened. Creditors decreased by 57%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increased liabilities raise questions. The company is exempt from an audit, and the figures rely on unaudited statements.

The company’s recent merger and focus on eco-friendly products suggest a strategic shift toward sustainability and growth—but the financial data indicate a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 03130963, with a registered address at SK10 2XH, England, Macclesfield, Cheshire, Redwood Court, Tytherington Business Park.

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