Pangeae Limited

Pangeae Limited, based in Poole, UK, is a small, active company established 25 years ago in May 2000. It's a solo-founded venture with two directors and a single employee, holding £34,649 in assets. Operating from a virtual address shared by 185 other companies, the business runs an e-commerce site and has earned a perfect 5.0 Google rating from one review. Pangeae Limited is an irregular importer, primarily dealing in clocks, watches, and their parts, with just one month of import activity recorded as of February 2018.

The company’s website, Pangeae Limited, describes itself as a software company, though it also mentions a connection to Gloucester. It operates under the "other service activities n.e.c." industries classification. The company's legal name is PanGeaE Limited, and it has previously been known as Pan-gea-e Limited.

Financially, Pangeae Limited presents a mixed picture. Current assets have decreased by 18% to £35,000, while net current assets and liabilities improved significantly, dropping 66% to -£4,400. Cash bank on hand has fallen 20% to £2,700. However, creditors have decreased by 29%, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the decline in assets and cash reserves is noticeable. Trade debtors have increased by 12%, which could be a positive sign of growing sales, or a sign of delayed payments. The company’s equity has increased by 60%, which is a good sign, but it’s worth noting that the figures are unaudited, and the company is exempt from an audit as a small company.

It seems Pangeae Limited is navigating a period of change, balancing growth with financial pressures. The lack of employees and reliance on a virtual address point to a lean operation, but the company’s online presence and niche import activities suggest potential for future success.

Registered in England/Wales under the registration number 03996717, with a registered address at BH14 8UF, England, Poole, Dorset, 21 Church Road Parkstone.

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