Ptp Promotions Ltd

Ptp Promotions Ltd, based in Cramlington, UK, is a small, holding company with an active status. Founded eleven years ago in 2013, the company employs eleven people and holds £350,060 in assets. It has a real registered address and is overseen by three directors and two owners, boasting a stellar 5.0 Google rating from a single review. Ptp Promotions is an irregular importer, primarily dealing in textile products, sets, used clothing, and rags, with its last import activity recorded over five years ago.

The company’s website, Promo Trade Print, focuses on providing promotional products through digital, dye sublimation, and transfer printing. It offers a catalogue of products, including printed apparel and signage, and emphasizes express delivery services. The site also highlights its expertise in full-color printing without extra charge, catering to businesses seeking branded merchandise. It’s clear the company operates as an e-commerce business, selling directly to customers and offering a range of printing services.

Financially, Ptp Promotions Ltd presents a mixed picture. Cash reserves have increased by a significant 33% to £120,000, which is a positive sign. However, net assets have decreased by 14% to £120,000, and net current assets have fallen by a considerable 50% to £63,000. Creditors have risen by 50% to £290,000, suggesting increased reliance on trade credit. Bank borrowings remain consistent, with a slight increase in overdrafts. The company’s size – meeting two of three criteria for a small company – allows for flexibility, but the decline in equity warrants attention. With no auditor mentioned, the figures are unaudited.

Overall, Ptp Promotions Ltd appears to be navigating a period of change. While cash flow has improved, the increase in liabilities and decrease in net assets indicate potential financial pressures. The company’s focus on promotional products and its online presence suggest a dynamic business, but its long-term success will depend on managing its finances effectively and maintaining customer satisfaction.

Registered in England/Wales under the registration number 08664858, with a registered address at NE23 1WA, England, Cramlington, Unit 2b North Nelson Industrial Estate.

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