Ptcl Limited

Ptcl Limited is a small, active holding company based in Warwick, UK, established nine years ago in June 2015. With a single employee and £73,772 in assets, it operates from a real address and is overseen by three directors and one owner. The company's primary activity involves acting as agents specializing in the sale of other particular products industries. It's a regular exporter of iron or steel products, having exported for 35 months, with the latest operation in June 2023, but an irregular importer, having imported iron or steel products for just two months, the last time in November 2017.

The company's website is not available, so it's difficult to determine if it operates an e-commerce site. However, its activities appear to be focused on facilitating sales rather than direct retail.

Financially, Ptcl Limited presents a mixed picture. While cash reserves increased by 40% to £30,000, current assets declined by 7.5% to £74,000. Debtors have fallen significantly by 25%, which is good, but creditors have also dropped by 5.2% to £430,000. Equity has improved slightly, decreasing by just 4.7% to -£350,000. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the negative equity suggests it's operating at a loss. The unaudited financial statements, prepared by CCH Software, show no mention of an auditor, which is common for small companies.

The company's reliance on a single employee and its fluctuating import/export activity suggest a lean operation. The continued support of Pipe Source UK Limited, which owes £406,475, is critical to its financial stability, and it's hoped that the company’s trading performance will improve.

Registered in England/Wales under the registration number 09657662, with a registered address at CV34 6LG, United Kingdom, Warwick, 3b Edgehill Drive, Tournament Court.

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