Printed Systems Limited

Printed Systems Limited, based in Stevenage, UK, is a small, active company founded 25 years ago. With 82 employees and £3,215,481 in assets, it’s a well-established player in its sector. The company, owned by Gordon Raymond Paul and Gorman Stuart, operates with five directors and holds a respectable Google rating of 4.0 based on ten reviews. It regularly imports and exports electrical machinery and equipment, with a long history of import activity (33 months) and a shorter, 4-month export record.

The company’s website reveals it specializes in PCB and LED assembly, and contract electronic manufacturing. It’s a UK-based operation, offering services like PCB prototyping, high-quality assembly, and even disaster recovery for damaged pianos (a surprising, related venture). The website emphasizes long-term partnerships, competitive pricing, and a commitment to quality, and encourages visits to its Hertfordshire facility.

Financially, Printed Systems Limited shows some concerning trends. While cash reserves increased by 32% to £780,000, net assets rose by 18% to £2.3 million. However, trade debtors jumped 19% to £1.2 million, suggesting potential issues with customer payments. Creditors also decreased by 25% to £540,000. The company’s employee numbers increased by 8.5% to 89, which could be a sign of growth, or a need to manage costs. The company’s unaudited accounts, prepared using VT Final Accounts, show a decline in depreciation for plant machinery, but a rise in other creditors. It’s a small company, meeting two of three criteria for small business status, and therefore exempt from an audit. Overall, Printed Systems Limited appears to be a stable, though perhaps slightly stretched, operation, navigating the challenges of a competitive electronics manufacturing market.

Registered in England/Wales under the registration number 03916554, with a registered address at SG1 4SZ, England, Pin Green, Stevenage, Hertfordshire, Units 6 & 7 Eastman Way, Stevenage Business Park.

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