Parasel Limited
- Active
- Small
- 10 years
- 8 employees
- £560,975 (cur assets)
- 1m-15m
- Regular importer
- Irregular exporter
- Virtual address
- 2 directors
- 2 owners
- Family business
- Brighton
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
Summary
Parasel Ltd, based in Brighton, UK, is a small, active company established nine years ago. With seven employees and £397,631 in assets, it operates from a virtual address—a detail flagged by the presence of thirty-four other companies registered at the same location. The business is a family concern, run by two directors and owners, James Thomas Jethro and James Vanessa. It’s a limited company, and the accounts are unaudited.
The company’s activities are somewhat irregular. It imports wool and animal hair products, with two months of import activity recorded, and exports miscellaneous manufactured goods, with just one month of export activity. The company operates in the management consultancy activities other than financial management industries. Its website, Parasel Ltd Enter, suggests a focus on business-to-business services.
Financially, Parasel Ltd presents a mixed picture. Cash reserves have increased dramatically, jumping 270% to £200,000, a positive sign. However, net current assets and liabilities have shifted significantly, turning from a positive £21,000 to a negative £22,000—a concerning trend. Creditors have increased substantially, rising 96% to £420,000, and trade debtors have also increased by 12% to £200,000. While bank borrowings decreased by 26%, it’s the significant drop in equity—falling 100% to just £18—that warrants closer attention. The company meets two of the three criteria for being classified as a small company, namely turnover under £10.2 million and assets under £5.1 million, and has fewer than 50 employees.
The substantial decrease in equity, despite increased cash reserves, suggests that the company may be burning through money, perhaps investing heavily in growth or facing unexpected expenses. The increase in creditors could be a result of this, or it could indicate challenges in managing payment terms. The directors may need to carefully monitor cash flow and explore options to improve profitability.
Registered in England/Wales under the registration number 09856064, with a registered address at BN2 9QA, England, Brighton, East Sussex, 44 Grand Parade.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Total exemption full accounts made up to 2024-11-30Download 9 pages pdf report
-
Confirmation statement made on 2025-11-03 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-11-30Download 9 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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FAQ about Parasel Limited
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