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PRINT-RITE EUROPE LTD. Financials

Company number
03200492Copy
Copy
Registered office
10 Stadium Business Court, Millennium Way, Pride Park, Derby DE24 8HP
Incorporated
17/05/1996

Company snapshot

Status
Active
Employees
3 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£-19.14M2023
-0.79%vs 2022

2022: £-18.99M

Total Assets

£29.89K2023
-15.01%vs 2022

2022: £35.16K

Cash in Bank

£18.31K2023
627.57%vs 2022

2022: £2.52K

Total Liabilities

£19.17M2023
0.76%vs 2022

2022: £19.02M

Employees

32023
-6vs 2022

2022: 9

In 2023, PRINT-RITE EUROPE LTD. reported net assets of £-19.14M. The same filing shows total assets of £29.89K, cash in bank of £18.31K and total liabilities of £19.17M. Reported headcount was 3 in 2023. Net Assets fell from £-18.99M in 2022 to £-19.14M in 2023 (-0.79%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-19.14M2023
-0.79%from £-18.99M in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures PRINT-RITE EUROPE LTD. filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£-19.11M2021£-19.14M2023
Decreasedvs 2021

Cash in Bank

£12.20K2021£18.31K2023
+50.1%vs 2021

+22.5% a year compound (CAGR)

Total Assets

£349.16K2021£29.89K2023
-91.4%vs 2021

-70.7% a year compound (CAGR)

Total Liabilities

£19.38M2021£19.17M2023
-1.1%vs 2021

-0.6% a year compound (CAGR)

Employees

15202132023
-80%vs 2021-12

Biggest increase

Cash in Bank+50.1%

£12.20K in 2021 to £18.31K in 2023

Biggest decrease

Total Assets-91.4%

£349.16K in 2021 to £29.89K in 2023

PRINT-RITE EUROPE LTD.'s filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PRINT-RITE EUROPE LTD.'s own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-64,035.76%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
64,135.76%2023
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
0.10%2023
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
61.28%2023
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PRINT-RITE EUROPE LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£-19.11M-18.99M-19.14M
Total Assets£349.16K35.16K29.89K
Cash in Bank£12.20K2.52K18.31K
Total Liabilities£19.38M19.02M19.17M
Employees1593

PRINT-RITE EUROPE LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PRINT-RITE EUROPE LTD. covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

PRINT-RITE EUROPE LTD. reported net assets of £-19.14M for 2023. That compares with £-18.99M in 2022, a change of -0.79%.

PRINT-RITE EUROPE LTD. reported total assets of £29.89K for 2023. That compares with £35.16K in 2022, a change of -15.01%.

PRINT-RITE EUROPE LTD. reported cash in bank of £18.31K for 2023. That compares with £2.52K in 2022, a change of 627.57%.

PRINT-RITE EUROPE LTD. reported 3 employees in 2023, compared with 9 in 2022.

Between 2021 and 2023, PRINT-RITE EUROPE LTD.'s cash in bank rose by 50.1%, total assets fell by 91.4%, total liabilities fell by 1.1% and employee numbers fell by 80%. Cash in bank compounded at 22.5% a year across the two years to 2023, from £12.20K to £18.31K. Reported headcount went from 15 in 2021 to 3 in 2023 (-12).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.