Panel Uk Limited
- Active
- Small
- Holding
- 32 years
- 60 employees
- £1,986,723 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 6 directors
- 1 owner
- Leeds
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Panel UK Limited, based in Leeds, UK, is a small holding company with an active status, celebrating 31 years since its founding in 08 June 08, 1993. Employing 68 people and holding assets valued at £2,842,882, the company operates from a real address and is overseen by six directors and one owner. Panel UK regularly imports miscellaneous metal items (30 months) and exports furniture, lighting, and prefabricated buildings (66 months).
The company's primary focus is the manufacture of office and shop furniture, operating as a distributor of plywood and timber products through Panel Supplies Ltd. This division, a member of the International Plywood Group, boasts a diverse product range, from standard plywood to specialized MDF and blockboard, catering to various industrial and commercial needs. The company also has a showroom in Harrods, London.
Financially, Panel UK Limited’s report shows some concerning trends. While current assets remain at £2,800,000, net assets decreased by 2.4% to £1,400,000. Bank borrowings increased significantly by 200%, reaching £560,000, and cash reserves fell by 100%, leaving just £1. On a positive note, creditors decreased by 5.7%, suggesting improved debt management. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the sharp drop in equity raises questions. With no auditor mentioned, the figures are unaudited.
The increase in bank borrowings and the drastic reduction in cash reserves suggest the company may be burning through money. It’s possible that increased import costs or investment in new products are contributing to these trends, but further investigation would be needed to confirm this.
Registered in England/Wales under the registration number 02825123, with a registered address at LS27 9LR, England, Leeds, West Yorkshire, Highcliffe Industrial Estate Bruntcliffe Lane, Morley.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 4
-
Resident of United Kingdom
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 6 years
- 6
-
Resident of United Kingdom
-
Individual
- 12 years
- 1
-
Resident of United Kingdom
-
Individual
- 13 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Total exemption full accounts made up to 2024-12-31Download 11 pages pdf report
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Confirmation statement made on 2025-06-09 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Panel Uk Limited
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