Prink Ltd.

Prink Ltd, based in Newcastle, UK, is a small, active company established 23 years ago. With just two employees and £10,211 in assets, it operates from a real address and is overseen by two directors and owners. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from 26 reviews. It’s an irregular importer, primarily dealing in tanning and dyeing products, with just one month of imports recorded.

The company’s website showcases a wide range of products, from thermal labels and ink toner to stationery and laptop chargers. It’s clearly aimed at businesses needing office supplies and printing consumables. The site emphasizes competitive pricing, free shipping, and a money-back guarantee, all hallmarks of a modern online retailer. It even has a section dedicated to customer support, with contact details prominently displayed.

Financially, Prink Ltd’s recent performance paints a mixed picture. Current assets have decreased by a significant 40%, falling to £10,000, while net assets have plummeted 96%, settling at just £240. Bank borrowings have increased, reaching £1800, and cash reserves have shrunk by 54%, leaving just £3,100. However, creditors have also decreased, suggesting improved debt management. 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 likely means the financial statements are unaudited.

The sharp decline in equity is a cause for concern, and it’s possible the company is experiencing cash flow challenges. The irregular import activity also suggests a fluctuating supply chain. Despite these challenges, Prink Ltd’s strong Google rating and well-designed website indicate a commitment to customer service and a potential for future growth.

Registered in England/Wales under the registration number 04376124, with a registered address at ST5 7JB, Newcastle, Staffordshire, Lymore Villa 162a London Road, Chesterton.

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