Present & Correct.com Limited

Present & Correct Com Ltd, based in London, UK, is a small, active company established 17 years ago. It’s a solo-founder operation with one employee and £136,870 in assets, boasting a stellar 5.0 Google rating from 174 reviews. The company regularly imports paper and paperboard products, with 13 months of import activity recorded. It operates from a real address in Bloomsbury, overseen by two directors and one owner.

The company's website showcases a curated selection of stationery and office supplies, organized into categories like "Write," "Organise," and "Give." It's clearly an e-commerce business, offering a range of products from pens and pencils to diaries and mail items. The site’s design is clean and visually appealing, with a focus on quality and aesthetics. It even has a newsletter sign-up and social media links to Facebook, Instagram, Pinterest, and Twitter.

Financially, Present & Correct Com Ltd presents a mixed picture. Current assets have decreased by 32% to £140,000, while net assets have fallen 29% to £100,000. Cash bank on hand has plummeted 63% to £59,000, which is a significant drop. Trade debtors have increased dramatically, by 350%, reaching £15,000, which could indicate issues with customer payments. However, creditors have also decreased slightly, by 3.4%, to £62,000, suggesting some improvement in managing short-term liabilities. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the decline in equity is concerning. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Present & Correct Com Ltd appears to be facing some financial headwinds, despite its strong online reputation. The sharp drop in cash reserves and equity raises questions about its long-term sustainability, but its focus on quality products and a strong brand image could help it weather the storm.

Registered in England/Wales under the registration number 06473876, with a registered address at WC1A 2JL, England, London, 12 Bury Place.

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