Prop Store Limited

Prop Store Ltd, based in Rickmansworth, UK, is a small holding company with an active status, founded eleven years ago in 2013. Employing nineteen people and holding assets of £5,295,783, it's a well-established player in the collectibles market. With three directors and one owner, and a stellar 5.0 Google rating from thirty reviews, the company enjoys a strong reputation. Prop Store regularly imports and exports art and antiques, with twenty-two months of import activity and an impressive 178 months of export activity.

The company’s website, Propstore.com, operates as an online auction house and marketplace specializing in entertainment memorabilia. It offers a wide range of items, including props, costumes, original artwork, posters, and collectibles from film, television, and music. The site features both live and upcoming auctions, as well as a “Buy Now” section for immediate purchases. It’s clear the company caters to both serious collectors and casual fans, with items priced for all budgets. The site also highlights a network of specialists and offers payment plans and certificate of authenticity services, adding a layer of trust and professionalism.

Financially, Prop Store Ltd’s recent performance shows a mixed picture. While current assets decreased by 5.7% to £5,000,000, net assets increased by 9.6% to £4,400,000. Bank cash reserves dropped significantly by 32% to £2,400,000, which could indicate increased investment in inventory or expansion. Trade debtors increased by 120%, which might suggest a shift towards offering credit terms to customers. Creditors decreased by 19%, which is a positive sign of improved debt management. 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 decrease in cash reserves warrants close monitoring. The financial statements were audited by DUX Advisory Limited.

In conclusion, Prop Store Ltd appears to be a well-managed, albeit financially tight, business. Its focus on entertainment memorabilia and online auctions positions it well in a growing market, but the company needs to carefully manage its cash flow to sustain its growth and remain competitive.

Registered in England/Wales under the registration number 08622002, with a registered address at WD3 6EP, England, Rickmansworth, Great House Farm, Chenies.

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