Parantaa Ltd

Parantaa Ltd from Ipswich UK is a small, active company founded eight years ago. With six employees and £198,946 in assets, it operates from a virtual address—a detail flagged by the registration of 278 other companies at the same location. The business has two directors but no reported owners, a common situation for smaller firms. It's a regular importer, specializing in leather goods, travel bags, and animal harnesses, with 22 months of import activity recorded, the last in March 2025. The company operates in the other retail sale not in stores, stalls or markets industries.

The company’s website is non-existent, which suggests a reliance on wholesale channels or direct sales rather than an e-commerce presence. Without a website, it’s difficult to assess the scale of its operations or its brand identity beyond its import activities.

Financially, Parantaa Ltd presents a mixed picture. Current assets have increased by 30% to £200,000, a positive sign of growing business. However, net assets have plummeted 84%, leaving just £390, and bank borrowings have increased by 2.5% to £5,400. Creditors have risen by 45%, and trade debtors have increased dramatically by 140%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp decline in equity is concerning. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s reliance on imports, coupled with the increase in trade debtors, may indicate challenges in managing cash flow. The decrease in equity suggests that the company may be burning through money, although it’s difficult to say for sure without more information. The lack of owners reported could be a strategic decision to avoid personal liability, but it also raises questions about the long-term stability of the business.

Registered in England/Wales under the registration number 10606995, with a registered address at IP2 0EH, United Kingdom, Ipswich, Suffolk, 80 Compair Crescent.

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