Parajet International Ltd

Parajet International Ltd, based in London, UK, is a small holding company with an active status. Founded seventeen years ago in 2007, it employs fifteen people and operates from a virtual address – a point of concern as 286 companies are registered at the same location. The company is led by two directors and has one owner, though this owner list may not be exhaustive. Parajet International Ltd regularly imports aircraft, spacecraft, and their parts (nineteen months of import activity), but hasn's exported anything for fifty-seven months.

The company’s website is not available, making it difficult to ascertain their exact business model. However, they operate in the manufacture of air and spacecraft and related machinery industries. They own a company called Parajet Academy Ltd. Previous names include Gilo Adventure Sports Limited, Parajet International Ltd, and Para Jet International Ltd.

Financially, Parajet International Ltd’s numbers paint a mixed picture. Net assets have plummeted by a staggering 390%, dropping to -£430,000. Cash reserves have also taken a hit, falling 87% to just £39,000. Bank borrowings, however, have remained relatively stable. Creditors have decreased by 18%, suggesting improved debt management, and trade debtors have fallen 13%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

The significant decline in equity raises questions about the company’s financial health, although it's possible this reflects accounting adjustments or investments. The company’s reliance on imports and lack of exports, coupled with the virtual address, suggests a potentially complex operational structure.

Registered in England/Wales under the registration number 06455786, with a registered address at WC2A 1LS, United Kingdom, London, 22 Chancery Lane.

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