The Persnickety Co Ltd

The Persnickety Co Ltd from Glossop UK: a small company with an active status, was founded eight years ago and employs five people. It holds £43,976 in assets and operates from a virtual address, managed by two directors and two owners, and runs an e-commerce site. The company operates in the retail sale via mail order houses or via internet industries.

The Persnickety Co’s website showcases a wide range of personalised gifts, homeware, and stationery, catering to various occasions like Christmas, birthdays, and weddings. It offers everything from personalised photo keyrings and slate coasters to handmade paper clips and luxury pens. The site’s design is clean and visually appealing, with clear product categories and a user-friendly shopping experience. It’s obvious that the company focuses on unique, thoughtful gifts, often with a personal touch.

Financially, The Persnickety Co Ltd presents a mixed picture. Current assets have decreased by 28%, dropping to £44,000. Equity has also significantly declined, falling 52% to £16,000. Cash bank on hand has decreased by 34% to £39,000, while creditors have remained relatively stable. Interestingly, trade debtors have plummeted by a staggering 100%, indicating a complete turnaround in customer payment practices. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the equity drop and cash decline are concerning. With no auditor mentioned, the financial statements are unaudited.

The company’s decrease in employees from five to four could be a sign of cost-cutting measures or a shift in operational strategy. The fact that the registered address is a virtual address, shared by forty-seven other companies, is a little unusual but not necessarily a red flag. Overall, The Persnickety Co Ltd seems to be navigating a period of financial adjustment, while still maintaining its focus on providing unique, personalised gifts to its customers.

Registered in England/Wales under the registration number 10263548, with a registered address at SK13 8DA, England, Glossop, 7 High Street East.

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