Paragon Bamboo Limited

Paragon Bamboo Ltd is a small holding company based in Tunbridge Wells, UK, with an active status. Founded eight years ago in 2017, it employs just two people and holds £230,733 in assets. The company operates from a virtual address – a bit unusual, as 111 other companies are registered at the same location – and is led by one director and one owner. It runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings, with the most recent import activity occurring in October 2024.

The company’s website showcases a range of bamboo bedding, towels, and baby products, emphasizing quality and sustainability. It's clearly focused on online retail, offering free next-day delivery on orders over £50 and promoting sales through various discounts and bundles. The site also includes a "Bamboo Benefits" section, highlighting the material’s eco-friendly properties and comfort. It's a modern, well-designed e-commerce operation, with a focus on customer experience.

Financially, Paragon Bamboo Ltd presents a mixed picture. While current assets remain stable at £230,000, net assets have decreased slightly to £79,000. Bank borrowings have seen a significant increase, rising by 13% to £10,000, and cash reserves have fallen by 34% to £27,000. Trade debtors have also increased considerably, jumping 550% to £33,000. 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, suggesting it’s exempt from an audit as a small company.

The company’s reliance on a virtual address and the recent increase in bank borrowings are worth noting, but the stable asset base and ongoing e-commerce activity suggest it’s navigating the challenges of a small business. It’s a tight-knit operation, and the focus on sustainable products could be a key differentiator in a competitive market.

Registered in England/Wales under the registration number 10654909, with a registered address at TN1 2EP, England, Tunbridge Wells, 10 Upper Grosvenor Road.

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