Punchbind Limited

Punchbind Limited is a small, active company based in Barnsley, UK, founded fourteen years ago in 2010. With two employees and £52,325 in assets, it operates from a real address on Redbrook Road. The company has three directors and one owner, Naylor Jonathan. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import operation recorded just one month ago in August 2024. The business operates in the wholesale of other office machinery and equipment industries.

The company’s website, punchbind.co.uk, appears to be dormant, offering little insight into its current operations. It doesn’s seem to be an e-commerce site, and there's no indication of online sales or customer interaction.

Financially, Punchbind Limited presents a mixed picture. While bank borrowings remained steady at £13,000, the bank overdraft significantly increased by 320% to £17,000—a potential cause for concern. Cash reserves saw a modest increase of 12% to £11,000, and current assets rose by 16% to £52,000. However, creditors also increased by 66% to £52,000 within the last year, suggesting a reliance on short-term financing. Equity, however, saw a substantial increase of 220% to £98, but it’s important to note that this is likely due to retained earnings and accumulated losses, not necessarily increased profitability. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in overdrafts warrants attention. No auditor is mentioned, as Punchbind Limited is exempt as a small company. The accounts are unaudited.

Registered in England/Wales under the registration number 07288934, with a registered address at S75 2RG, Barnsley, South Yorkshire, 105 Redbrook Road.

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