Showcase Psr Limited

Showcase Psr Ltd from Ongar UK is a small holding company with an active status, established eighteen years ago in 2007. The company employs eleven people and holds £426,566 in assets. It has a real address, is overseen by three directors, and has one owner. Showcase Psr Ltd is a regular importer of furniture, lighting, and prefabricated buildings, with 29 months of import activity recorded, the latest in April 2024.

The company operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Showcase Psr Ltd is a joint venture between Showcase and Combined Office Interiors, combining over 20 years of experience in the public sector market. It has expanded its capabilities through the acquisition of Portsdown Offices, experts in design, fitout, and furniture solutions, and now serves a wide range of public sector regional businesses, including the NHS, higher education, and local governments. The company’s website highlights its commitment to sustainability and offers a free consultation service.

Financially, Showcase Psr Ltd’s recent performance shows some concerning trends. Current assets have fallen by a significant 65%, dropping to £430,000. Bank borrowings have increased by 260%, reaching £320,000, while cash reserves have also increased substantially. Debtor values have plummeted by 91%, suggesting potential issues with customer payments, and creditors have decreased by 99%, a positive sign of better debt management. Equity has increased by 10%, however, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on public sector contracts, combined with its recent expansion, suggests a strategy of leveraging framework agreements and building relationships with key clients. Whether this approach can offset the financial pressures remains to be seen, but the company’s experience and commitment to customer service provide a solid foundation for future growth.

Registered in England/Wales under the registration number 06066134, with a registered address at CM5 9QZ, England, Ongar, Essex, Paslow Hall Farm Estate King Street, High Ongar.

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