Paradox Limited

Paradox Limited is a small, active company based in Bournemouth, Dorset, UK. Founded seventeen years ago in November 2007, it's a solo-founder operation with two directors and one owner, Vural Mehmet Emin Ferhat. The company employs ten people and holds £215,618 in assets, operating from a real address. It’s a regular importer of electrical machinery and equipment, with 31 months of import activity recorded, the last in July 2023.

Paradox Limited operates in the retail sector, specifically specializing in shoes, handbags, and wedding occasion shoes. Its website showcases a wide range of footwear and accessories, catering to both standard and wide-fit preferences. The site features collections like Comfort Fit and bridal lines, alongside a sale section. The company’s website highlights a strong focus on online sales and marketing, with a clear emphasis on visual appeal and customer engagement. It also offers a range of sizes and styles, and even offers dyeable wedding shoes.

Financially, Paradox Limited presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 3.7%, while accumulated depreciation impairment property plant equipment rose by 2.3%. However, the number of average employees during the period decreased by 20%, dropping to eight. Bank borrowings, including overdrafts, decreased slightly, but trade debtors fell significantly by 59%. Cash bank on hand increased by 6.7%. Creditors also decreased, suggesting better management of short-term liabilities. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

Overall, Paradox Limited seems to be navigating a challenging environment, with a decrease in employees and a drop in current assets. However, the company's focus on a niche market and online presence suggests a potential for future growth. It's clear the company is trying to keep a good reputation, and the decrease in debts is a positive sign.

Registered in England/Wales under the registration number 06423404, with a registered address at BH1 1JU, Dorset, 169a Old Christchurch Road, Bournemouth.

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