Well Nice Prints Ltd

Well Nice Prints Ltd, based in Norwich, UK, is a small, holding company with an active status. Founded four years ago in November 2020, it employs just one person and holds £13,398 in assets. With a real address and a single director and two owners, it boasts a stellar 5.0 Google rating from two reviews.

The company operates as a specialist art screenprinting studio, offering a range of services including screen printing, acetate printing, and image artworking. It caters to clients seeking limited-edition runs, multilayer prints, and expert guidance on color matching. The website highlights an eco-friendly approach and showcases a portfolio of screen printing work, emphasizing over 30 years of industry experience. It also offers a service for high-end piano restoration.

Financially, Well Nice Prints Ltd presents a mixed picture. Current assets have increased by a significant 220%, reaching £13,000, while cash bank on hand has jumped 240% to £2,100. However, net assets have improved to -£970, a considerable increase from -£2,700. Trade debtors have increased dramatically by 620% to £11,000, while creditors have risen 120% to £17,000. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the increase in debtors suggests a need to manage cash flow. As a small company, it’s exempt from an audit, relying on unaudited accounts.

It seems Well Nice Prints Ltd is growing, but needs to keep a close eye on its cash flow to ensure it can sustain its operations. The increase in debtors could be a sign of a successful period of sales, but also a potential risk if payments are delayed.

Registered in England/Wales under the registration number 13046446, with a registered address at NR2 4TQ, England, Norwich, 70 Barker Street.

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