Proxpress Ltd

Proxpress Ltd from Manchester UK: small company, active status, founded 3 years ago, 1 employee, real address, 1 director, 1 owner, solo founder, e-commerce site. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company was incorporated on November 20, 2021, and currently employs just one person. Khan Mohammed Ali is both the director and owner, acting as the sole founder. Proxpress Ltd operates an e-commerce site, and its business activities include retail sales via mail order and internet, as well as driving school activities.

The company’s website showcases a wide range of laser and inkjet printers, toner cartridges, and related supplies. It’s clearly geared towards businesses and individuals seeking affordable printing solutions. The site features detailed product descriptions, expert recommendations, and a variety of brands like Xerox, HP, Kyocera, and Epson. There’s a real emphasis on customer service, with a dedicated sales team available via phone and a promise of free express delivery on orders over a certain amount. The site also includes a blog with helpful articles on topics like printer maintenance and choosing the right printer for specific needs.

Financially, Proxpress Ltd’s recent performance paints a mixed picture. Accumulated depreciation has increased significantly, jumping 400% to £1,100, indicating investment in plant and machinery. However, retained earnings and accumulated losses have taken a substantial hit, plummeting 610% to -£1,400. Cash bank on hand has improved by 79% to £320, but net current assets and liabilities have worsened, increasing 31% to -£3,800. Other creditors have increased dramatically, rising 3000% to £4,100. The company’s small size and solo ownership likely contribute to its agility, but the significant decline in equity raises concerns about its long-term financial health. With no auditor mentioned, the figures are unaudited, relying on director-reported data. It's possible that the company is burning through cash to grow its e-commerce business, but the lack of employees suggests a lean operation.

Registered in England/Wales under the registration number 13756144, with a registered address at M20 4RR, England, Manchester, 177 Parrs Wood Road.

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