Puffin Solutions Limited

Puffin Solutions Ltd, based in Milton Keynes, UK, is a small, active company founded 17 years ago. With 16 employees and £935,756 in assets, it operates from a real address and is overseen by four directors and two owners. The company is irregular importer and exporter of optical and medical tools and devices, with activity recorded over the last year.

Puffin Solutions’ website showcases a wide range of services, primarily focused on data cabling, IT infrastructure, and data centre solutions. It appears to be a service-based business rather than an e-commerce operation, offering consultancy, supply, installation, and migration services. The site highlights expertise in areas like data cabling, telepresence, CCTV, and network engineering, targeting commercial and industrial clients. They even have a testimonials section, which is a good sign.

Financially, Puffin Solutions shows a mixed picture. While current assets decreased by 5.7% to £940,000, bank borrowings increased significantly by 270%, reaching £36,000. Cash reserves also took a hit, falling 44% to £100,000. Equity declined by a substantial 29%, dropping to £500,000. It’s worth noting that the company is small, meeting two of three criteria for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of a mentioned auditor is not surprising, given its size and exemption status.

Overall, Puffin Solutions seems to be navigating a period of change. The increased borrowing suggests a need for capital, while the declining cash reserves could indicate tighter margins. The company’s focus on specialized IT services and its established presence in the market, however, provides a solid foundation for future growth, even if things are a little tight at the moment.

Registered in England/Wales under the registration number 06350382, with a registered address at MK15 8JA, England, Milton Keynes, Bucks, 6-7 Vermont Place, Tongwell.

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