Park Agencies Limited

Park Agencies Limited, based in Brighton, UK, is a small, active company founded 19 years ago. With 21 employees and £2,607,506 in assets, it operates from a virtual address, a fact highlighted by the presence of 886 other companies registered at the same location. The business is led by two directors and has one owner, though this list may not be exhaustive. Park Agencies regularly imports clothing and accessories made by knitting or crocheting (8 months of activity), and occasionally exports clothing and accessories that aren’t knitted or crocheted (1 month of activity).

The company’s website paints a picture of a design and development firm specializing in licensed apparel and accessories for global brands. Since 2004, Park Agencies has focused on fashion and pop culture, building partnerships and shaping the licensed fashion market. It works with a wide range of licenses and brands, offering creative solutions for diverse audiences, and collaborates with global labels and retailers, blending in-house brands, exclusive collaborations, and official licenses. The company’s website highlights its production excellence, global sourcing network, and design expertise.

Financially, Park Agencies Limited shows a mixed picture. While current assets increased by 15% to £2,600,000, net assets decreased by 4% to £880,000. Bank borrowings have surged, with an increase of 150% to £110,000, and cash reserves have fallen by 26% to £480,000. Creditors have also increased by 34% to £1,600,000, which could be a sign of expanding operations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity raises questions. With no auditor mentioned, the figures are unaudited. The company’s average number of employees increased by 14% to 24, which could be related to the increased creditors.

Registered in England/Wales under the registration number 05650716, with a registered address at BN1 2RL, England, Brighton, 15 West Street.

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