Parkguru Limited

Parkguru Limited is a small, holding company registered in London, UK, with an active status. Founded eight years ago in 2016, it holds £1,500,919 in assets and operates from a virtual address, with one director and one owner. The company's registration address is 128 City Road, but thirteen companies registered there, suggesting it’s likely a shared virtual space.

Parkguru Limited’s business revolves around facilitating parking bookings. Its website, PARKGURU, positions itself as an "omnichannel ParkBooking provider," targeting drivers, parking operators, and cities. The site offers a platform for drivers to find and book parking spots, while also providing tools for parking operators to manage their listings and increase revenue. It even has a section for cities to promote their parking infrastructure. The site’s design emphasizes ease of use, with features like app downloads, partner logins, and a focus on promotional offers. It's clearly an ecommerce play, connecting supply and demand in the parking space.

Financially, Parkguru Limited presents a mixed picture. While current assets increased by a healthy 44% to £1,500,000, net assets took a hit, dropping by 9.2% to -£1,700,000. Creditors surged by 19%, reaching £1,800,000, while trade debtors rose 110% to £370,000—a significant increase that could indicate expanding credit terms or delayed customer payments. Cash reserves, however, increased by 26% to £46,000. The company's small size (meeting two of three conditions for being considered small) allows for agility, but the negative equity and rising debt are concerning. The accounts are unaudited and prepared by abacus azure, and there is no mention of an auditor.

Overall, Parkguru Limited appears to be a young company still scaling its operations. The surge in debt and negative equity suggest it’s burning through cash, but the growth in assets and revenue indicate potential. It will be interesting to see if it can manage its finances and achieve profitability in the coming years.

Registered in England/Wales under the registration number 10446333, with a registered address at EC1V 2NX, United Kingdom, London, London, 128 City Road.

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