Park - Qed Limited

Park Qed Ltd, based in West Moors, UK, is a small, active company established 26 years ago. With four employees and £674,789 in assets, it operates from a real address and is overseen by four directors and one owner. The company has a Google rating of just 1.0 based on one review. It’s an irregular importer, primarily dealing with iron or steel products, with the last import operation occurring two months ago.

The company’s website, PES Group Industrial Automation Control Distributor, showcases a wide range of industrial automation products, including PLCs, HMIs, and power supplies from brands like Siemens, Weidmuller, and Toshiba. It appears to be a distributor, not a manufacturer, and operates primarily through its website, offering a comprehensive catalog and online ordering capabilities. There's a login section for existing customers, suggesting a B2B focus. The site doesn's offer a direct ecommerce experience but rather a catalogue of products with contact information for inquiries.

Financially, Park Qed Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 56%, falling to £56,000, while current assets have also dropped by 15%, settling at £640,000. Trade debtors have decreased by 19%, now standing at £250,000, suggesting improved collection efforts. However, creditors have increased by 25%, reaching £49,000 within one year, and 50% in the year before. Equity has risen by a modest 6.5%, reaching £780,000, and net assets and liabilities are up by 6.2%. 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 agile. The lack of an auditor mentioned likely means the financial statements are unaudited.

While the company’s website suggests a focus on industrial automation, the financial data reveals a period of adjustment. The decrease in cash reserves and increase in short-term liabilities could indicate a need for improved cash flow management, although the decrease in debtors is a positive sign.

Registered in England/Wales under the registration number 03770205, with a registered address at BH21 6US, West Moors, Dorset, Unit 7 Kingfisher Park, Collingwood Road.

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