Print Cartel Ltd

Print Cartel Ltd, based in London, UK, is a small, active company founded four years ago. It operates as a solo-founded e-commerce business with two directors and one owner, Griffiths Curtis. The company holds £11,751 in assets and uses a virtual address shared by a staggering 47,568 other companies, which is a little odd. 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.

The Print Cartel's website showcases its role as a "print partner" in the UK, offering fast, free shipping and a focus on quality and sensible pricing. It specializes in printing designs on mugs, coasters, and other products, catering to customers looking to sell custom-printed goods. The site is well-designed and easy to navigate, highlighting the company's commitment to customer service and efficient order fulfillment.

However, a look at the company’s financials reveals a concerning trend. Current assets have fallen by 34%, dropping to £12,000, while net assets have plummeted 57%, settling at just £2,500. Bank cash has also decreased by 24%, now at £9,900. Debtor payments are also down, which is a bit worrying. The company's equity has taken a significant hit, suggesting it’s burning through cash faster than it’s generating revenue. Trade creditors have also decreased, which is a positive sign. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Print Cartel Ltd appears to be struggling financially. While its e-commerce operation seems active and well-positioned, the declining asset base and shrinking equity raise concerns about its long-term viability. It's a small business, and those can be volatile, but the sharp decline in equity is something to watch.

Registered in England/Wales under the registration number 13324455, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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