Sprite Labels Limited

Sprite Labels Limited, based in Bilborough, UK, is a small, active company established 37 years ago. Employing 32 people and boasting assets of £3,043,278, the firm operates from a real address and is overseen by three directors and two owners. It’s a regular importer of paper and paperboard products (26 months) and a regular exporter of printed materials like books, newspapers, and pictures (3 months).

The company’s website paints a picture of a specialist manufacturer of custom labels and tags, catering to a wide range of industries from passenger transport to healthcare. They emphasize a commitment to innovation and technology, developing bespoke ink, paper, and adhesive solutions. The website also functions as an e-commerce platform, allowing customers to request samples and place orders directly. They have a strong focus on customer service, offering reliable quality and flexible solutions.

Financially, Sprite Labels Limited presents a mixed bag. While net assets remained relatively stable at £1,800,000, cash reserves decreased by 12% to £800,000. Bank borrowings decreased by 75% to £8,900, which could indicate improved cash flow management. Trade debtors increased by 15% to £1,900,000, suggesting potential delays in customer payments. Creditors decreased by 10% to £1,100,000, which is a positive sign. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no mention of an auditor, likely due to the small company exemption.

The company’s financial results suggest a period of transition, with improved debt management offsetting some declines in cash reserves. The ongoing demand for custom labels and tags, as evidenced by their website and customer testimonials, provides a solid foundation for future growth, but keeping a close eye on receivables will be important.

Registered in England/Wales under the registration number 02194736, with a registered address at NG8 4GP, Bilborough, Nottingham, Unit 8 Glaisdale Point, Glaisdale Parkway.

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