Parker Products Limited

Parker Products Limited, based in Louth, UK, is a small holding company with an active status, established eleven years ago in 2013. Employing thirteen staff, the company holds assets valued at £1,642,169 and operates a real address alongside a thriving e-commerce site, garnering a 4.0 Google rating from 224 reviews. The business is led by one director and one owner, and regularly imports machinery, boilers, and mechanical appliances—parts, totaling 398 months of import activity.

The company’s website showcases a wide range of power tools, garden equipment, and air compressors, catering to both professional and DIY users. It’s clear that Parker Products Limited is focused on retail sales, with a significant portion of its business conducted online. The site’s robust product catalog, competitive pricing, and 30-day return policy indicate a commitment to customer satisfaction.

Financially, Parker Products Limited presents a mixed picture. Cash reserves have increased dramatically by 360%, reaching £1,600,000, a positive sign of liquidity. However, trade debtors have decreased significantly by 91%, which could suggest issues with customer payments or a change in credit policies. Creditors have also increased substantially by 220%, and net losses deepened, which could be a sign of increased expenses. Despite this, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Parker Products Limited appears to be a growing business facing some financial headwinds. The company’s focus on online retail and its wide product range position it well for future success, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 08767961, with a registered address at LN11 0FU, United Kingdom, Louth, Lincolnshire, Richmond Park Richmond Road, Fairfield Ind Estate.

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