Pro Syndicate Ltd

Pro Syndicate Ltd, based in Barking, UK, is a small, active company founded four years ago. With three employees and £58,577 in assets, it operates as a solo-founder e-commerce business with a real address. The company has one director and owner, Aziz Hasan, and is registered with Companies House. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, GotGarms, showcases a wide range of custom-designed t-shirts, hoodies, mugs, and more. It offers personalised products for various occasions, including anniversary, birthdays, and even corporate events. The site highlights its printing blanks, sublimation consumables, and a collection of unique designs by independent designers. It also has a section for embroidery, and Arabic-inspired designs. The site’s design is very modern and easy to use.

Financially, Pro Syndicate Ltd's recent reports show some interesting trends. While cash bank on hand remained steady at £3,700, current assets saw a slight decrease to £59,000. Trade debtors fell by 20%, which is good, but creditors increased by 21% to £54,000. Equity, however, increased by 33%, with retained earnings accumulating to £1,700. Net assets and liabilities also increased by 2%, reaching £22,000. The company's bank borrowings increased by 2,400%, reaching £29,000. The number of employees increased by 100% to six. The accounts are abridged and unaudited, and no auditor is mentioned.

These figures suggest a company that is growing, but also potentially burning through cash to fuel that growth. The increase in bank borrowings and the decrease in cash reserves could indicate a need to carefully manage expenses. The company's small size and agile structure, however, should allow it to adapt to changing market conditions. It’s likely that the company is investing in marketing and product development to expand its customer base.

Registered in England/Wales under the registration number 12632962, with a registered address at IG11 8DY, England, Barking, Unit 3 2nd Floor Ajax Works, The Movement House, Hertford Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.