That's My Name Limited

That's My Pencil is a small, active company based in Watford, UK, established eight years ago in 2017. With four employees and £100,696 in assets, it's a solo-founded operation run by two directors and one owner. The company operates in the retail sale via mail order houses or via internet industries.

The business specializes in designing and selling personalised pencils, pencil cases, and related stationery products. Its website showcases a wide range of options, from classic graphite pencils to vibrant colouring sets, alongside matching cases and notebooks. The company emphasizes its 50-year history of personalization and adapting to new technologies, with a recent introduction of personalized notebooks complementing its pencil range. The website also highlights a commitment to quality and customer service, with secure payment options and a variety of shipping methods.

Financially, That's My Pencil shows a mixed picture. While current assets remained steady at £100,000, equity dropped significantly by 45% to £31,000. Bank borrowings decreased by 43%, reaching £13,000, and cash reserves fell 59% to £11,000. Trade creditors increased by 110%, suggesting a reliance on credit from suppliers. 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 remain flexible, but the equity decline warrants attention. The accounts are unaudited, a common practice for small companies.

The drop in equity and cash reserves, coupled with increased trade creditors, suggests that That's My Pencil might be burning through money, although it's not clear if this is a temporary situation or a longer-term trend. The company's success will likely depend on maintaining its reputation for quality and personalization in a competitive market.

Registered in England/Wales under the registration number 10602285, with a registered address at WD24 4YY, England, Watford, Unit B2 Rear Penfold Trading Estate, Imperial Way.

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