Snuggle Limited

Snuggle Ltd from Peterborough UK: a small, active company founded 14 years ago, employs 27 people, and holds £1,735,042 in assets. With a real address, two directors, and two owners, it boasts a respectable Google rating of 4.0 based on 22 reviews. The company is a regular importer, specializing in leather goods, travel bags, and animal harnesses, with 19 months of import activity recorded, the last in December 2023.

The company's website, Snuggle Printing Trade Print Fulfilment, reveals a focus on print-on-demand services and trade printing. It offers a wide range of products, including Stanley Stella apparel, and caters to both individual customers and bulk orders. The site highlights its competitive pricing, state-of-the-art equipment, and commitment to sustainability—a partnership with Stanley Stella is prominently featured. The website also has a trade volume section, which suggests that Snuggle Ltd is targeting businesses looking for printing services.

Financially, Snuggle Ltd presents a mixed picture. While current assets increased by 17% to £1,700,000, net assets remained stable at £720,000. Bank borrowings rose by 14% to £270,000, and cash reserves increased by 40% to £300,000. However, creditors also increased by 14% to £3,100,000, and the company’s employee numbers have grown by 30% to 35. 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 nimble, but the increase in bank borrowings and creditors warrants monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Snuggle Ltd appears to be growing, but it’s important to keep an eye on its debt levels. The company’s focus on print-on-demand and trade printing, combined with its commitment to sustainability, positions it well in a competitive market—although, it's important to note that the company has seen a 54% decrease in future minimum lease payments.

Registered in England/Wales under the registration number 07567194, with a registered address at PE2 6TE, England, Peterborough, 12 Holkham Road, Orton Southgate.

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