Alonzo Paris Ltd

Alonzo Paris Ltd, based in Manchester, UK, is a small, active company founded eight years ago. Despite a 5.0 Google rating from just three reviews, the business is currently facing challenges, with accounts overdue for seven months. Employing 24 people and holding assets of £3,420,582, it operates from a real address and is managed by two directors and one owner. The company regularly imports clothing and accessories made by knitting or crocheting, with 16 months of import activity recorded.

The company's website reveals a more extensive operation than initially apparent. Alonzo Paris Ltd provides clothing processing and distribution services, operating under the name alonzoprocessing. It offers a wide range of services, including inspection, pressing, tagging, sewing alterations, and even transport for stock collection and delivery. Security is a priority, with ADT fire, intruder, and access systems, as well as 24-hour CCTV. The website also highlights a workforce of experienced and skilled individuals, and aims to provide fast service at a competitive price.

Financially, Alonzo Paris Ltd shows a mixed picture. While current assets increased by a significant 310% to £3.4 million, net assets only grew by 30% to £230,000. Bank borrowings decreased by 24% to £34,000, but cash reserves plummeted 81% to just £27,000. Creditors decreased by 24% to £34,000, and trade debtors ballooned by 420% to £2.2 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in cash reserves raises concerns. The company’s workforce has also increased by 46% to 35 people. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Alonzo Paris Ltd appears to be navigating a period of transition. While the processing services are clearly established, the company’s financial performance suggests it is burning through money. It's unclear if the company is financially healthy or if it's struggling to manage its cash flow.

Registered in England/Wales under the registration number 10532381, with a registered address at M4 5JW, England, Manchester, First Floor Swan Street, Swan Buildings.

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