Parkwood Springs Ltd

Parkwood Springs Ltd, based in Sheffield, UK, is a small holding company with an active status, established four years ago. The company employs five people and holds £148,865 in assets. It operates from a real address and is overseen by two directors and one owner. Parkwood Springs is an irregular importer of leather goods, travel bags, and animal harnesses, with just one month of import activity recorded, and a regular exporter of the same items, with nine months of export activity.

The company’s website showcases a range of ethically sourced, licensed merchandise featuring artwork from various artists. It appears to function as a licensing and print-on-demand platform, partnering with artists to create products like clothing, accessories, and home décor. The website highlights a focus on sustainability and offers a variety of design styles, from marine life illustrations to urban landscapes. It’s clear the company is targeting a niche market of consumers interested in unique, ethically produced goods.

Financially, Parkwood Springs Ltd presents a mixed picture. While bank borrowings have increased dramatically by 5,300% to £53,000, cash reserves have improved by 110% to £1,900. Creditors have decreased by 20%, suggesting improved debt management, but the sharp increase in bank borrowings raises concerns. The company’s equity has improved dramatically by 410%, reaching £63,000, a significant turnaround from a negative value of -£21,000. Trade debtors have fallen by 72%, which could be a good sign, but also suggests a potential slowdown in sales. As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, and the figures are unaudited.

The company's focus on artist licensing and ethical sourcing seems to be a strength, but the increased bank borrowings and fluctuating debtor levels suggest it’s navigating a period of financial adjustment. It’s possible the company is investing in marketing or expanding its product range, but careful management will be crucial to ensure long-term stability.

Registered in England/Wales under the registration number 13056266, with a registered address at S3 9PT, England, Sheffield, South Yorkshire, Saxon Works, 167 Rutland Road.

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