Prinz Publications(u.k.)limited

Prinz Publications Uk Ltd, based in Penzance, UK, is a small, active company with a long history, having been founded 53 years ago in 1971. With three employees and £241,431 in assets, it operates from a real address on Longrock Industrial Estate. The company has four directors and two owners, and it runs an e-commerce site with a 3.0 Google rating based on three reviews. It’s a regular importer of paper and paperboard products, having imported for 22 months, with the latest import operation in December 2024.

The company’s website, West Cornwall Stamp Centre, specializes in stamp collecting supplies. It offers a wide range of mounts, stockbooks, binders, and other accessories for philatelists. The site also features a separate eBay shop and emphasizes its membership in the Philatelic Traders Society since 1978. While the primary focus is on selling supplies, the site also highlights its expertise in stamp collecting and offers a live chat option for customer support.

Financially, Prinz Publications Uk Ltd shows a mixed picture. Cash bank on hand increased by 49%, to £3,500, while creditors rose by 9.2%, to £240,000. Trade debtors increased significantly, by 64%, to £3,000. However, equity decreased by 44%, to -£51,000, and net current assets liabilities plunged by 120%, to -£3,100. Bank borrowings remained stable at £17,000. As a small company, it meets two of three conditions for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The lack of an auditor is likely due to its small size.

While the company’s e-commerce site appears well-maintained and caters to a niche market, the financial data suggests some challenges. The decrease in equity and the negative net current assets liabilities are concerning, though perhaps typical for a business operating in a competitive market. Prinz Publications Uk Ltd’s long history and dedicated customer base, however, indicate a resilience that could help it navigate these pressures.

Registered in England/Wales under the registration number 01017858, with a registered address at TR20 8HX, United Kingdom, Penzance, Cornwall, Unit 20a Longrock Industrial Estate, Longrock.

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