Print-rite Europe Ltd. in Nottingham, NG16 4BE

Description

Data updated on: 01-11-2023

Print-rite Europe Ltd. has been on the local market for twenty eight years. Started with registration number 03200492 in 1996, the firm have office at Print-rite Europe Ltd Amber Drive, Nottingham NG16 4BE. The company has a history in registered name changes. Previously the firm had two different company names. Until 2013 the firm was prospering as Mills Computer Products (international) and up to that point its official company name was Tyrolese (360). This enterprise's Standard Industrial Classification Code is 46660 meaning Wholesale of other office machinery and equipment. Print-rite Europe Limited. reported its latest accounts for the period that ended on 2021-12-31. The firm's latest annual confirmation statement was released on 2023-09-04.

Having three recruitment offers since 2016-04-25, Print-rite Europe has been a rather active employer on the employment market. On 2017-01-06, it started seeking job candidates for a full time Office Apprenticeship - Administration position in Nottingham, and on 2016-04-25, for the vacant position of a full time Customer Administration Team Member in Nottingham. So far, they have employed employees for the Assistant Accountant posts.

The firm owes its achievements and constant progress to a team of three directors, specifically Yuk F., Steve W. and Heng L., who have been guiding it for three years.

Previous company's names
Print-rite Europe Ltd. 2013-01-04
Mills Computer Products (international) Limited 1996-10-24
Tyrolese (360) Limited 1996-05-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	587 419	605 335	828 801	388 772	98 596	12 200	2 517
Current Assets	3 451 510	11 089 451	12 373 418	12 438 500	11 645 811	77 540	35 163
Debtors	968 370	8 012 924	9 682 493	10 622 459	11 035 873	65 340	32 646
Other Debtors	15 500	15 493	15 500	15 500	15 500	19 995	4 495
Property Plant Equipment	91 122	143 393	140 111	118 637	99 807	79 154
Total Inventories	1 895 721	2 471 192	1 862 124	1 427 269	511 342
Net Assets Liabilities				1 789 084	694 221	-19 112 773	-18 987 707

Other Financial Data
Audit Fees Expenses					12 450
Accrued Liabilities Deferred Income	93 537	99 507	44 164	52 479	43 295	39 615	35 254
Accumulated Depreciation Impairment Property Plant Equipment	171 627	187 191	209 607	234 131	258 501	282 108
Administrative Expenses	734 150	721 849	976 143	1 501 711	2 053 569
Amounts Owed By Group Undertakings	72 858	7 084 804	8 850 618	10 231 367	10 821 504
Amounts Owed To Group Undertakings	683 514	8 368 605	9 788 075	10 824 573	10 954 113	19 052 996	18 740 497
Applicable Tax Rate	20	19	19	19	19
Average Number Employees During Period	28	28	29	30	21	15	9
Comprehensive Income Expense	-127 587	3 700	-79 383	-825 907	-1 094 863
Corporation Tax Payable		1 223
Corporation Tax Recoverable	10 349
Cost Sales	4 650 852	5 679 413	4 857 671	3 226 205	2 247 824
Creditors	851 958	8 560 350	9 992 118	10 975 383	45 883	35 833	27 442
Deferred Tax Asset Debtors	33 000	20 190	21 095	21 095	21 095
Depreciation Expense Property Plant Equipment	30 521	15 564	22 416	24 524	24 370
Distribution Costs	497 596	376 070
Finished Goods	1 895 721	2 471 192	1 862 124	1 427 269	511 342
Fixed Assets	91 122	165 273	233 691	325 967	323 475	192 461
Further Item Interest Income Component Total Interest Income			222 817	238 501	250 862
Further Operating Expense Item Component Total Operating Expenses	4 258 582	5 418 855	4 987 599	3 226 205	2 038 922
Future Minimum Lease Payments Under Non-cancellable Operating Leases	63 470	71 056	67 744	66 789	64 304	16 076
Gross Profit Loss	1 075 495	1 114 311	672 708	437 142	240 632
Increase From Depreciation Charge For Year Property Plant Equipment		15 564	22 416		24 370	23 607
Intangible Assets			71 700	185 450	201 788	192 461
Intangible Assets Gross Cost			71 700	185 450	222 797	236 384
Interest Income On Bank Deposits	194	118	330	161	29
Investments Fixed Assets		21 880	21 880	21 880	21 880
Investments In Group Undertakings		21 880	21 880	21 880	21 880	21 880	-21 880
Net Current Assets Liabilities	2 599 552	2 529 101	2 381 300	1 463 117	416 629	-19 269 401	-18 960 265
Number Shares Issued Fully Paid		10 000	10 000		10 000	10 000	10 000
Operating Profit Loss	-156 251	16 392	-303 435	-1 064 569	-1 345 754
Other Deferred Tax Expense Credit	-29 731	12 810	-905
Other Interest Receivable Similar Income Finance Income	194	118	223 147	238 662	250 891
Other Taxation Social Security Payable	16 162	23 839	37 988	16 826	51 196	94 501	94 079
Par Value Share		1	1		1	1	1
Prepayments Accrued Income	32 863	99 927	110 962	73 392	52 950	24 244	5 327
Profit Loss	-127 587	3 700	-79 383	-825 907	-1 094 863
Profit Loss On Ordinary Activities Before Tax	-156 057	16 510	-80 288	-825 907	-1 094 863
Property Plant Equipment Gross Cost	262 749	330 584	349 718	352 768	358 308	361 262
Recoverable Value-added Tax	37 407	78 431	52 545	48 878
Social Security Costs	57 368	59 229	46 990	41 824	44 585
Staff Costs Employee Benefits Expense	741 803	672 742	518 119	573 440	589 165
Tax Decrease From Utilisation Tax Losses		3 137	-15 255	-174 626	-111 548
Tax Expense Credit Applicable Tax Rate	-31 211	3 137	-15 255	-156 922	-208 024
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-28 470	12 810	-905
Total Additions Including From Business Combinations Intangible Assets			71 700		37 347	13 587
Total Additions Including From Business Combinations Property Plant Equipment		67 835	19 134		5 540	2 954
Total Assets Less Current Liabilities	2 690 674	2 694 374	2 614 991	1 789 084	740 104	-19 076 940	-18 960 265
Total Operating Lease Payments	10 486	100 964	69 064	15 034	8 734
Trade Creditors Trade Payables	58 745	67 176	121 891	81 505	147 656	137 441	33 277
Trade Debtors Trade Receivables	766 393	714 079	631 773	232 227	124 824	21 101	22 824
Turnover Revenue	5 726 347	6 793 724	5 530 379	3 663 347	2 488 456
Wages Salaries	684 435	613 513	471 129	531 616	544 580
Accumulated Amortisation Impairment Intangible Assets					21 009	43 923	236 384
Administration Support Average Number Employees				15	10
Amortisation Expense Intangible Assets					21 009
Bank Borrowings					4 117
Bank Borrowings Overdrafts					45 883	10 000	11 349
Distribution Average Number Employees				7	5
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				-146 727	30 567
Increase From Amortisation Charge For Year Intangible Assets					21 009	22 914	192 461
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment						-282 108	-282 108
Other Creditors							18 213
Other Operating Income Format1					467 183
Production Average Number Employees				8	6
Tax Increase Decrease From Effect Capital Allowances Depreciation				-17 872	183
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				168	96 293
Value-added Tax Payable					28 805	12 388	62 759