Ptk Industries Limited

Ptk Industries Limited is a small, active company based in St Helens, UK, founded two years ago in 2022. With a single employee and £28,820 in assets, it operates from a virtual address shared by 256 other companies, a bit of a red flag. The company is led by two directors, including Swift Rosalina Carreon, and is a solo founder operation. It’s an irregular importer of electrical machinery and equipment, with just one month of import activity recorded as of January 2024.

The company's website, partsptkindustries.com, positions itself as a forklift solutions provider, specializing in parts, equipment, and diagnostic support. It highlights partnerships with China to source top-quality Chinese products and offers a range of services, including forklift sales, parts supply, and technical assistance. The site is currently under development, with a promise of a full catalogue launch in 2024 and an opt-in mailing list for exclusive updates. It's a bit strange, the site is not fully launched but they are already taking emails.

Financially, Ptk Industries Limited presents a mixed picture. Current assets are steady at £29,000, but cash reserves are low at just £1,500. Bank borrowings are minimal, and creditors are stable at £28,000. 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 flexibility, but the low cash balance and reliance on trade debtors (£3,000) suggest it’s operating on a tight margin. The lack of any mention of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s focus on forklift solutions, particularly Chinese equipment, could be a source of growth—but the financial data suggests it’s a business still finding its footing, and possibly burning through money a little fast. The virtual address and the partially launched website also raise questions about the company's long-term stability.

Registered in England/Wales under the registration number 14430035, with a registered address at WA10 2TF, England, St Helens, Merseyside, 54-56 Ormskirk Street.

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