Sublimitprint Ltd

Sublimitprint Ltd, based in Retford, UK, is a small, active company established three years ago. With just two employees and £6,223 in assets, it’s a lean operation led by one director and two owners. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 25 reviews. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company’s website, SublimitPrint, is a vibrant online store offering a wide range of workwear, personalised items, and printing services. Categories include uncatalogued items, cricket teamwear, electronics, and fashion clothing, with a focus on bespoke solutions. The site promotes fast delivery, online payment options, and even offers free shipping for orders over £300 VAT. It's clear they're targeting businesses and individuals seeking custom printing and workwear solutions.

Financially, Sublimitprint Ltd’s recent performance presents a mixed picture. Current assets have declined by 32%, dropping to £6,200, while net assets have plummeted 480%, resulting in a negative balance of -£8,600. Creditors have increased significantly by 400%, reaching £21,000, suggesting a reliance on short-term financing. Depreciation expense has more than doubled, reflecting increased investment in equipment. Bank borrowings remain steady, but cash reserves are also low. The lack of an auditor is not unusual for a small company, and the figures are unaudited.

Overall, Sublimitprint Ltd seems to be facing financial headwinds. While its e-commerce site is well-designed and receives positive reviews, the declining net assets and increasing liabilities suggest a need for careful management. The company’s small size provides agility, but the current trends raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 13804656, with a registered address at DN22 8WQ, England, Retford, Nottinghamshire, 10 10 Bulcote Business Park, Randall Park Way.

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