Paris Luxury Collection Ltd

Paris Luxury Collection Ltd, based in Barking, UK, is a small, active company founded nine years ago in 2016. With eight employees and £2,953,576 in assets, it operates from a real address and is led by one director and owner, Faheem Yawer. The company regularly imports textile products, sets, used clothing, and rags – a total of 140 months of imports, with the latest activity in March 2025.

The company’s website highlights a focus on bed linen and duvet covers, offering wholesale services and a 10% discount on first orders. It emphasizes stylish innovation and committed quality, showcasing a range of products including pillows, curtains, and blankets. The website also includes contact information, a West Midlands branch address, and a copyright notice dating back to 2018, powered by GoDaddy. It’s clear they’re aiming for an online presence and direct-to-customer sales, though the wholesale aspect remains prominent.

Financially, Paris Luxury Collection Ltd presents a mixed picture. While current assets increased by 44% to £3,000,000, net assets only rose 17% to £340,000. Bank borrowings decreased by a significant 62% to £100,000, but bank overdrafts skyrocketed by 540% to £730,000 – a concerning trend. Cash reserves declined by 50% to £71,000. Trade debtors also jumped considerably, rising by 390% to £230,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The sharp increase in overdrafts, despite a decrease in bank borrowings, suggests the company might be burning through cash faster than it’s coming in. The rise in trade debtors could indicate difficulties in collecting payments, or perhaps an intentional strategy to offer more credit to customers. Overall, while the company has a solid asset base, the financial data suggests it's facing some challenges in managing its cash flow and collections.

Registered in England/Wales under the registration number 10160784, with a registered address at IG11 0EL, England, Barking, Essex, Unit 6 Buzzard Creek Industrial Estate, River Road.

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