Global Parasols Limited

Global Parasols Ltd, based in Henfield, UK, is a small, family-run business with an active status. Founded 21 years ago in 2003, it employs seven people and holds £745,459 in assets. With a real address and three directors, the company operates as a regular importer and exporter of umbrellas, sun umbrellas, and walking sticks, having imported for 81 months and exported for 10 months.

The company’s website showcases a wide range of parasols from various brands like Vortex, Tradewinds, and Tuuci, catering to both commercial and residential needs. It’s clear they’re focused on providing specialist parasol solutions, with options ranging from cantilever designs to giant, ultra-strong models. They even offer customisation options like heating, lighting, and printing, suggesting a high level of service.

Financially, Global Parasols Ltd shows some interesting trends. Cash bank on hand dropped by 19%, falling to £310,000, while bank borrowings increased by 2.5% to £9,900. Creditors decreased by a significant 47%, which is a positive sign. Net assets increased by a modest 1.2%, reaching £670,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves could indicate increased spending or slower sales. With no auditor mentioned, the financial statements are unaudited.

Overall, Global Parasols Ltd seems to be a well-established business operating in a niche market. While the decrease in cash reserves warrants attention, the company’s strong brand reputation and diverse product offerings position it well for continued success.

Registered in England/Wales under the registration number 04878093, with a registered address at BN5 9AQ, Henfield, West Sussex, Abbeylands, Wineham Lane.

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