Simply Inkjet Limited

Simply Inkjet Ltd from Castleford UK: small company, active status, founded 4 years ago, 2 employees, £330,630 assets, real address, 2 directors, 1 owner, solo founder. Regular importer of machinery, boilers, and mechanical appliances; parts (25 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (14 months exported). It’s a small, family-run business focused on revitalizing existing machinery through inkjet solutions. Founded four years ago, the company employs just two people and holds £330,630 in assets. With a real registered address and two directors, it’s a tight-knit operation led by a solo founder.

The company's website, SimplyInkjet, highlights its expertise in retrofitting inkjet technology onto existing machinery. They offer three main platforms: Digi, Bolt, and Flex, each catering to different print markets and offering varying levels of performance and features. The site emphasizes innovation, cost-effectiveness, and customer support, with a clear call to action for businesses seeking to enhance their print capabilities. The website also features a contact form and details about the company's VAT number and company number.

Financially, Simply Inkjet Ltd presents a mixed picture. While current assets increased by 20% to £330,000, net assets decreased by 14% to £75,000. Bank borrowings increased by 1200%, reaching £39,000, and cash reserves fell 30% to £28,000. Creditors decreased by 10%, suggesting better debt management. 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, but the equity drop raises questions. There's no auditor mentioned, so the figures rely on unaudited statements.

The company’s recent financial trends suggest it's growing but burning through cash. While the increased borrowing could be fueling expansion, the decline in cash reserves warrants close monitoring. The fact that the company is solo founded and has only two employees, suggests a lean operation, but also potentially limits its ability to scale rapidly.

Registered in England/Wales under the registration number 13045814, with a registered address at WF10 2FX, England, Castleford, Unit 7 Kiln Park Middleton Little Road, Allerton Bywater.

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