Parkside Accessories Limited

Parkside Accessories Limited, based in London, UK, is a small, active company established 20 years ago. With four employees and £350,806 in assets, it operates from a real address and is managed by two directors and one owner. Its Google rating currently sits at a modest 1.0 based on a single review. The company regularly imports and exports jewelry, precious stones, and metals—37 months of import activity and 6 months of export activity recorded, with the latest export operation in May 2024.

The company's website, Parkside UK, focuses on wholesale orders, emphasizing a 48-week lead time and minimum order quantities. It proudly states "Proudly powered by Weebly," suggesting a straightforward, potentially budget-friendly online presence. The site’s focus is on collections and about us pages, indicating a brand-conscious approach.

Financially, Parkside Accessories Limited shows a mixed picture. Cash bank on hand increased by 7.9% to £300,000, while creditors decreased by 13% to £130,000, suggesting improved debt management. However, trade debtors rose significantly by 35% to £55,000, which could indicate delayed customer payments. Net assets grew by 14% to £470,000, and net current assets increased by 32% to £230,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. No auditor is mentioned, indicating exemption as a small company, and the accounts are unaudited.

Overall, Parkside Accessories Limited appears to be holding its own, with healthy cash reserves and growing net assets. However, the increase in trade debtors warrants attention. The company's focus on wholesale and its straightforward website suggest a business model geared towards consistent orders and efficient operations.

Registered in England/Wales under the registration number 05333104, with a registered address at E8 2LP, London, 44 Sandringham Road.

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