Pam Ties Limited

Pam Ties Limited, based in Manchester, UK, is a small, active company established 33 years ago in 1991. With 17 employees and £1,184,803 in assets, it operates from a real address and is overseen by five directors, although no owners are officially listed. The company holds a stellar 5.0 Google rating based on 76 reviews, showcasing strong customer satisfaction. It’s an irregular importer, primarily dealing in basic metal tools and utensils, with the last import operation occurring one month ago in May 2023.

The company's website, builderssuperstore.co.uk, is a comprehensive online retailer specializing in building materials, wall ties, damp proofing, and related products. It’s clear that Pam Ties Limited operates a thriving e-commerce business, offering a wide range of items from Snickers workwear to Nuaire ventilation systems. The site also features a dedicated section on damp proofing training courses and basement tanking kits, indicating a focus on specialized services alongside product sales. The website has a lot of information and is well-organized.

Financially, Pam Ties Limited’s recent report shows a mixed picture. Current assets decreased by 12% to £1,200,000, while net assets dropped 11% to £320,000. Bank borrowings decreased by 38% to £10,000, and cash reserves fell 21% to £480,000. Creditors also decreased by 8.5% to £980,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity and cash reserves warrants attention. The company’s report is unaudited, as is typical for small companies. The company's turnover is under £10.2 million, and its balance sheet total is under £5.1 million.

The decrease in cash reserves, despite a reduction in bank borrowings, suggests that the company may be burning through money faster than it’s bringing it in. It’s possible that increased inventory purchases or marketing expenses are contributing to this trend. The decrease in creditors could be a positive sign, indicating improved debt management, but it's also possible that the company is negotiating better payment terms with its suppliers. Overall, while Pam Ties Limited maintains a strong online presence and positive customer reviews, its financial performance requires close monitoring.

Registered in England/Wales under the registration number 02640272, with a registered address at M29 8EN, Manchester, Electric House, Lime Street, Tyldesley.

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