Pamono Ltd

Pamono Ltd is a small, holding company based in London, UK, with an active status. Founded six years ago in March 2019, the company operates an e-commerce site and regularly imports and exports furniture, lighting, and prefabricated buildings—a combined total of 741 months of activity. It’s managed by a single director and owner, and while it has a registered address, it’s likely a virtual one, as seventy-three other companies are also registered there. Current assets stand at £362,346, but accounts are overdue by seven months.

The company’s website showcases a curated selection of vintage and contemporary furniture, lighting, and design objects, catering to a global clientele. It positions itself as a destination for unique and collectible pieces, emphasizing quality and craftsmanship. The site’s design is clean and modern, reflecting a sophisticated brand image.

Financially, Pamono Ltd’s recent performance reveals a mixed picture. Net assets have fallen by 38%, dropping to £110,000, and cash reserves have decreased significantly by 81%, leaving just £36,000. Bank borrowings have also increased, though not dramatically. Trade debtors have fallen, which is a positive sign, but creditors have risen considerably—a 1500% increase—suggesting a reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s agile, but the equity decline and rising debts are concerning. No auditor is mentioned, so the figures are unaudited.

While Pamono Ltd’s e-commerce operation appears to be functioning, the financial data suggest it's burning through cash. Whether this is a temporary phase or a longer-term trend remains to be seen, but the company will need to carefully manage its finances to ensure its continued success.

Registered in England/Wales under the registration number 11876679, with a registered address at SE1 1TY, England, London, A And L, Suite 1-3 Hop Exchange, 24 Southwark Street.

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