Sf Print Services Limited

Sf Print Services Limited, based in Ipswich, UK, is a small, active company founded six years ago in 2019. With £146,350 in assets and a real address, it employs three people and is overseen by one director and owner, Richard Ivatt. The business operates in the printing industry, but also engages in importing and exporting machinery, boilers, and mechanical appliances, parts. It’s an irregular importer (one month of activity, latest in June 2024) and a regular exporter (nine months of activity, latest in November 2024).

The company’s website, while not providing detailed information, suggests a focus on industrial equipment supply. It's a private limited company, and the address is probably real as only one company registered at the same address.

Financially, Sf Print Services Limited shows some interesting trends. Current assets increased by 33% to £150,000, while net assets rose by 73% to £68,000. Cash reserves improved by 22% to £39,000, and creditors increased by 35% to £66,000. Bank borrowings decreased by 44% to £13,000, which is a positive sign. The company meets two of three conditions to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees.

Despite the growth in assets, net losses deepened to -£23,000, and trade debtors ballooned by 42% to £76,000, suggesting delayed customer payments. The lack of employees (three reported) hints at a lean operation. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's financial statements are prepared in accordance with Financial Reporting Standard 102. The director acknowledges their responsibilities under the Companies Act, and the members have not required the company to obtain an audit.

Registered in England/Wales under the registration number 11759968, with a registered address at IP7 6RD, England, Ipswich, Suffolk, Unit 12 Byford Court Crockatt Road, Hadleigh.

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