Parcelworld (uk) Ltd

Parcelworld (UK) Ltd, based in London, is a small, active company established 26 years ago in 1999. With just two employees and £38,233 in assets, it’s a lean operation managed by three directors and a single owner—the solo founder, Williams Tyrone Abraham. The company holds a stellar 5.0 Google rating from eight reviews, a testament to its customer service. It operates as an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of February 2016.

The company’s website, infoparcelsworldltd.co.uk, showcases Parcelworld (UK) Ltd as a reliable shipping company offering services like custom clearance, sea container transport, air cargo, and pallet distributions. It emphasizes its ability to handle all scales of business and proudly lists partnerships with major carriers like DPD, DHL, FedEx, and UPS. The website's simple design and focus on service suggest a business prioritizing customer relationships over flashy marketing.

Financially, Parcelworld (UK) Ltd presents a mixed picture. While current assets decreased slightly to £38,000, and cash reserves fell to £17,000, creditors also dropped to £150,000. A significant concern is the negative equity, which deepened to -£62,000, indicating the company is spending more than it’s earning. Bank borrowings are also high, at £29,000. The company’s small size—meeting two of three criteria for being considered small—helps with agility, but the negative equity and reliance on debt suggest financial strain. No auditor is mentioned, which is typical for small, exempt companies.

Overall, Parcelworld (UK) Ltd seems to be navigating a challenging financial landscape. While its strong Google rating and established partnerships are positives, the negative equity and reliance on debt warrant close monitoring. The company’s future likely hinges on its ability to generate consistent profits and manage its finances effectively.

Registered in England/Wales under the registration number 03745890, with a registered address at NW1 9LT, 233 Royal College Street, London.

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