Printing Planet Ltd

Printing Planet Ltd, based in London, UK, is a small, active company founded eight years ago in 2017. With three employees and £110,432 in assets, it operates from a real address and is managed by two directors and one owner. Its 5.0 Google rating (based on 189 reviews) speaks to its customer service, and it runs an e-commerce site. The company is an irregular importer, bringing in clothing and accessories made by knitting or crocheting, with the last import activity recorded one month ago in June 2022.

The company’s website showcases a diverse range of printing services, from custom t-shirt printing and hoodies to banners and business cards. It caters to both individual customers and businesses, offering options like vinyl printing, direct-to-garment printing, and embroidery. The site emphasizes fast turnaround times, amazing quality, and a one-stop shop for all printing needs. It even offers garment finishing services like relabelling and custom woven labels.

Financially, Printing Planet Ltd presents a mixed picture. While cash reserves have increased significantly—a 510% jump to £6,600—creditors have surged by an astonishing 2,900%, reaching £100,000. Current assets have also seen a dramatic increase, jumping 1,200% to £110,000. Bank borrowings remain stable at £21,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial increase in liabilities suggests it’s relying more on credit to fund operations. The company's equity, however, has improved considerably, increasing by 240% to £770. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company's growth in liabilities, despite a healthy increase in assets, could be a sign of expanding operations or increased marketing spend. It’s also possible that the company is experiencing some cash flow challenges, relying on credit to manage day-to-day expenses. The company’s continued success will likely depend on its ability to manage its finances effectively and maintain its strong customer reviews.

Registered in England/Wales under the registration number 10724947, with a registered address at SW15 3BD, England, London, Shop 395 Tildesley Road.

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