The Ultimate Promotion Company Limited

The Ultimate Promotion Company Ltd, based in London, UK, is a small, active family business founded fifteen years ago in 2009. With seven employees and £371,180 in assets, it operates from a virtual address, a detail worth noting as fifty companies share the same location. Two directors and two owners manage the company, which is an irregular importer of clothing and accessories made by knitting or crocheting, with just one month of import activity recorded in 2022. The company’s website showcases a vast catalogue of promotional products, ranging from accessories to workwear, catering to diverse industries like hospitality, sports, and education.

The website, The Ultimate Promotion Co Ltd, is a comprehensive online store, offering a wide array of products categorized by type, use, brand, and colour. It even has a dedicated section for new styles and collections, including a premium collection and workwear PPE edit. The site also features a blog with content related to safety solutions and promotional ideas.

Financially, The Ultimate Promotion Company Ltd’s recent report reveals a mixed picture. Current assets increased by 11%, reaching £370,000, while net assets grew by 16%, settling at £310,000. However, bank borrowings decreased by 32%, dropping to £22,000, and cash reserves increased by a substantial 140%, reaching £140,000. Trade debtors decreased by 17%, suggesting improved collection efficiency. Despite being a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the increase in cash reserves and decrease in debtors are positive signs. The company is exempt from an audit as a small company, so the figures are unaudited. Overall, The Ultimate Promotion Company Ltd seems to be in a stable position, although the virtual address raises questions about its operational infrastructure.

Registered in England/Wales under the registration number 07009087, with a registered address at N3 2LJ, England, London, 342 Regents Park Road.

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