Prismatape Direct Limited

Prismatape Direct Limited, based in Winsford, UK, is a small, active company founded seven years ago. With £24,079 in assets and a real address, it’s a solo-founded operation managed by two directors and one owner. The company enjoys a stellar 5.0 Google rating from five reviews, a testament to its customer service. It operates as an irregular importer, primarily dealing in plastics and plastic products, with its last import activity recorded just one month ago in April 2024.

The company’s website, prismatape.com, positions itself as a leading UK supplier of packaging tape, offering a wide range of products including paper tape, PVC tapes, polypropylene packing tape, and even custom-printed options. They cater to businesses needing everything from standard packing tape to specialized solutions like hazard warning tape and bobbin wound tape. The site highlights over 30 years of experience in the tape industry and boasts a national and international delivery network, with next-day delivery available. They even offer recycled PET tape, emphasizing their commitment to sustainability.

Financially, Prismatape Direct Limited presents a mixed picture. Current assets have fallen by 44% to £24,000, and equity has plummeted 62% to £11,000. Bank cash has decreased significantly, dropping 93% to just £1,100. Creditors have also decreased by 13%, suggesting some improvement in managing short-term debts. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, so the financial statements are unaudited.

While the company maintains a positive online presence and a strong reputation for customer service, the declining asset and equity values suggest a period of financial pressure. The reduction in cash reserves is particularly noteworthy, indicating a need to carefully manage expenses and potentially explore new revenue streams. It's possible the company is reinvesting in its business, but the sharp drop in equity warrants closer monitoring.

Registered in England/Wales under the registration number 11123592, with a registered address at CW7 3RW, United Kingdom, Winsford, Road One, Winsford Industrial Estate.

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