Paris Baguette Uk Co. Ltd.
- Small
- Holding
- Active
- 3 years
- 18 employees
- £1,574,706 (assets)
- Virtual address
- 4 directors
- 1 owner
- Regular importer
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
Paris Baguette Uk Co Ltd, based in Gloucester, UK, is a small holding company with an active status, established three years ago. Employing 18 individuals and holding assets of £1,574,706, the company operates from a virtual address – a point of note as 153 companies are registered at the same location. It’s led by four directors and has one owner, although the list of owners was changed three years ago and isn’s exhaustive. The company regularly imports paper and paperboard products, with 23 months of import activity recorded, the last in February 2025.
The company’s operations center around the manufacture of other food products n.e.c., but without a website to examine, it's difficult to ascertain if they have an e-commerce presence or rely solely on wholesale distribution.
Financially, Paris Baguette Uk Co Ltd presents a mixed picture. Accumulated depreciation has increased dramatically, with Land Buildings rising by 350%, Other Property Plant Equipment by 2500%, and total depreciation by 610%. Amounts owed to group undertakings have vanished entirely, a significant shift from £1.1 million owed previously. Bank borrowings have surged by an astonishing 1200%, reaching £1.2 million, while cash reserves have plummeted 98%, leaving only £48,000. Creditors have increased by 14%, and net current assets and liabilities have experienced a dramatic 120% decline. Despite these challenges, the company has issued £5.2 million in share capital. 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 stay agile, but the sharp equity drop and increased borrowings raise questions. The accounts are audited by Pitt Godden & Taylor LLP.
The company’s future hinges on its ability to manage its increased debt and maintain its import operations. While the food product manufacturing sector can be competitive, Paris Baguette Uk Co Ltd’s established presence and the backing of its parent company, Paris Baguette Uk Holdings Ltd, may provide a foundation for continued success.
Registered in England/Wales under the registration number 13706850, with a registered address at GL4 3GG, United Kingdom, Gloucester,, Gloucestershire, Unit 3 Ambrose House, Meteor Court, Barnett Way, Barnwood.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 1
-
Resident of United Kingdom
-
Individual
- 3 years
- 3
-
Resident of South Korea
-
Individual
- 3 years
- 3
-
Resident of South Korea
-
Individual
- 3 years
- 3
-
Resident of South Korea
-
Individual
- 3 years
- 3
-
Resident of South Korea
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-10-26 with updatesDownload 5 pages pdf report
-
Director's details changed for Mr Jin Soo Hur on 2024-10-25Download 2 pages pdf report
-
Director's details changed for Mr Hee Soo Hur on 2024-10-25Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Paris Baguette Uk Co. Ltd.
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