Papaval Retail Limited

Papaval Retail Limited, based in Hamilton, UK, is a small, active company founded four years ago. Employing 33 people, the business holds £787,370 in assets and operates from a virtual address – a detail flagged by the registration of 411 other companies at the same location. It’s led by one director and one owner, and runs an e-commerce site, though its 1.0 Google rating from just six reviews suggests room for improvement.

The company’s website showcases a wide range of products, from grocery and pet supplies to gardening and baby care items. It emphasizes competitive pricing and offers various delivery options, including express delivery. The site also features a newsletter subscription and encourages customers to follow its social media channels. It seems to be a generalist online retailer, attempting to cater to a broad consumer base.

Financially, Papaval Retail Limited presents a mixed picture. While current assets increased by a significant 85% to £790,000, net losses deepened from -£40,000 to -£63,000. Bank borrowings increased by 37% to £210,000, indicating a reliance on external financing. Creditors also rose by 33% to £430,000, and trade debtors increased by 120% to £610,000—suggesting potential issues with customer payments. On the positive side, cash reserves grew to £29,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the growing losses and increased debt are concerning. No auditor is mentioned, which is common for small companies.

Overall, Papaval Retail Limited appears to be a growing e-commerce business facing financial challenges. Its broad product range and online presence offer potential, but managing debt and improving profitability will be crucial for its long-term success.

Registered in England/Wales under the registration number 13281570, with a registered address at LE4 9LJ, United Kingdom, Hamilton, Leicester, 21 High View Close, Hamilton Office Park.

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