Pams Covers Ltd

Pams Covers Ltd, based in Kingswinford, UK, is a small, active company founded nine years ago. With eight employees and £152,086 in assets, it operates from a virtual address—a detail worth noting as 241 companies are registered at the same location. The company is run by two directors and two owners, and regularly imports knitted or crocheted fabrics, with the latest import activity recorded five months ago.

The company’s website showcases a range of services, including custom sizes and fast delivery, and operates from a unit in Wolverhampton. It specializes in manufacturing household textiles, and also offers quilting services, latex foam, and coolmax fabrics. The website’s “About Us” section emphasizes quality and innovation, positioning Pams Covers Ltd as an industry leader serving both local and global customers. It’s clear the company is trying to reach a wide range of customers.

Financially, Pams Covers Ltd’s performance presents a mixed picture. Current assets decreased by 7.5% to £150,000, while net assets grew by 6.9% to £130,000. Bank borrowings decreased by 37%, and cash reserves fell by 21%. Creditors also decreased, suggesting improved debt management. 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. The lack of a mentioned auditor, typical for small companies, means the figures are unaudited.

Overall, Pams Covers Ltd appears to be holding its own, but the decrease in cash reserves could be a cause for concern. The company’s focus on quality and custom services, coupled with its established presence in the household textiles industry, suggests it has potential for continued success, though keeping a close eye on cash flow will be important.

Registered in England/Wales under the registration number 09945599, with a registered address at DY6 9HS, England, Kingswinford, West Midlands, Brook House, Moss Grove.

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