Park Hose & Gaskets Limited

Park Hose & Gaskets Limited, based in Warrington, UK, is a small, active company founded 22 years ago. With six employees and £1,478,968 in assets, it operates from a real address and is overseen by two directors and one owner. The company boasts a stellar 5.0 Google rating based on four reviews. It’s an irregular importer, primarily dealing in rubber and rubber products, with its last import activity recorded one month ago.

The company’s website highlights its role as a leading manufacturer, distributor, and supplier of specialist hoses, particularly for the petrochemical, pharmaceutical, food, and waste industries. It offers a wide range of products, including composite hoses, gaskets, sealing materials, and spill kits, alongside testing and management systems. The website emphasizes technical expertise, customer service, and a dedicated team, suggesting a focus on building strong relationships with clients. It even features a composite hose configurator, a modern touch for an established business.

Financially, Park Hose & Gaskets Limited presents a mixed picture. Current assets have increased by 21%, reaching £1.5 million, while net assets have also risen by 27% to £1.1 million. However, bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have fallen 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. 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 remain flexible, but the increase in borrowings warrants attention. With no auditor mentioned, the figures are unaudited.

The company's financial instruments have changed significantly, with accrued liabilities increasing by 230% and amounts owed by group undertakings jumping to £750,000. Future minimum lease payments have also risen dramatically, suggesting a potential expansion or investment in facilities. While the company’s website and services appear robust, these financial shifts indicate a period of change and require careful monitoring.

Registered in England/Wales under the registration number 04588421, with a registered address at WA1 4RX, Warrington, Cheshire, 11 Cranford Court Hardwick Grange, Woolston.

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