Parc Supplies Ltd

Parc Supplies Ltd from Leeds UK is a small holding company with an active status, established nine years ago in 2015. The company employs thirteen people and holds assets valued at £1,467,015. It has a real address, is overseen by three directors, and is owned by one individual. Google users have given it a perfect 5.0 rating based on two reviews. Parc Supplies Ltd regularly imports paper and paperboard products, with eight months of import activity recorded, the last operation occurring in January 01, 2025.

The company operates in the wholesale of china and glassware and cleaning materials industries. Its website, while not providing detailed e-commerce functionality, suggests a business-to-business model, catering to commercial clients. It's not clear if they have an online store, but their focus seems to be on supplying businesses rather than direct consumer sales.

Financially, Parc Supplies Ltd has experienced some challenges. Current assets have fallen by a significant 65%, dropping to £1,500,000. Bank borrowings have increased dramatically, rising 2,400% to £29,000, while cash reserves have plummeted 98%, leaving just £10,000. Creditors have also increased by 48%, reaching £370,000. On a brighter note, trade debtors have remained steady, suggesting consistent payment collection. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

The sharp decline in cash reserves and the rise in borrowings indicate a period of financial strain, potentially requiring careful management of expenses and cash flow. It's possible the company has invested in inventory or expanded operations, but the lack of detail in the report makes it difficult to determine the exact cause. The increase in creditors suggests a need to manage supplier relationships and ensure timely payments.

Registered in England/Wales under the registration number 09630322, with a registered address at LS12 4RZ, England, Leeds, West Yorkshire, 2 Whitehall Point, Whitehall Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.