Paradiso Music Limited
- Small
- Active
- 14 years
- 4 employees
- £248,755 (assets)
- Real address
- 2 directors
- 2 owners
- Family business
- E-commerce
- Rating 4.0 (34)
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
Phones
Summary
Paradiso Music Ltd, based in Wallasey, UK, is a small, family-run business with an active status. Founded 14 years ago, the company employs four people and holds £248,755 in assets. It operates from a real address on Millbrook Road and is managed by two directors and two owners. With a Google rating of 4.0 based on 34 reviews, it's a well-regarded e-commerce site specializing in rock and roll clothing.
The company’s website, helloparadisoclothing.com, showcases a wide range of band merchandise, clothing, and accessories. It caters to both men and women, offering everything from hoodies and jackets to bags and homeware. The site features collections dedicated to iconic bands like AC/DC, Nirvana, and The Rolling Stones, alongside character merchandise from franchises like Star Wars and Disney. It even offers student discounts and promotes two-for-35 deals on band tees.
Financially, Paradiso Music Ltd shows some concerning trends. While current assets remain steady at £250,000, net assets have fallen significantly by 83% to just £3,400. Cash reserves have also decreased by 12% to £21,000. Trade debtors have plummeted by a staggering 62%, which could indicate issues with customer payments or a change in credit policies. On a positive note, creditors have decreased by 36%, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the sharp decline in equity raises questions about its long-term viability. There’s no auditor mentioned, which is common for small companies.
Overall, Paradiso Music Ltd appears to be facing some financial headwinds. While its e-commerce site is popular and well-reviewed, the declining equity and cash reserves suggest a need for careful management.
Registered in England/Wales under the registration number 07527812, with a registered address at CH41 1FL, England, Wallasey, Merseyside, Unit 2 Millbrook Road, West Float Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Cullinane David
- 9 years
- 50%+
-
Resident of United Kingdom
-
Individual
- Cullinane Sharon
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Cullinane Sharon
- 12 years
-
Resident of United Kingdom
-
Individual
- Cullinane David
- 14 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-02-14 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-08-31Download 9 pages pdf report
-
Confirmation statement made on 2024-02-14 with no updatesDownload 3 pages pdf report
FAQ about Paradiso Music Limited
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