Pangea Metal Sculptures Ltd

Pangea Metal Sculptures Ltd, based in Ormskirk, UK, is a small, active company founded eleven years ago. With five employees and £369,280 in assets, it operates a real address and is managed by one director and owner. The company has a 5.0 Google rating based on 371 reviews and runs an e-commerce site, regularly importing art and antiques – the last import was four months ago in August 2022.

The company specializes in crafting metal sculptures, with a focus on African-inspired designs perfected in the UK. Its website showcases a wide range of animal sculptures, from life-size stags to playful frogs, and even includes limited-edition metallic marvels. The site also highlights a VIP appointment service and corporate wholesale options, suggesting a focus on premium sales and custom orders. A fascinating detail is the inclusion of a "Story of Pangea" section, detailing the meticulous process of creating these sculptures – from forging stainless steel to welding plates and polishing the finished product.

Financially, Pangea Metal Sculptures Ltd presents a mixed picture. Current assets have increased by 33% to £370,000, which is good news, but net assets have declined by 4.5% to -£850,000. Bank borrowings have risen significantly, and cash reserves have fallen. Trade debtors have decreased, which is a positive sign for cash flow management. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the figures are unaudited.

The company's increasing debt and decreasing equity could be attributed to the costs of importing materials and expanding its product line. It’s possible that the company is investing in growth, but it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 09046822, with a registered address at L39 3NQ, United Kingdom, Ormskirk, Lancashire, Little Hall Farm, Cottage Lane.

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