Parla Design Limited
- Small
- Active
- 8 years
- 1 employee
- £37,532 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Parla Design Ltd, based in Guildford, UK, is a small, family-run business with an active status, established eight years ago. Employing just one person, the company holds £37,532 in assets and operates from a virtual address – eighty-five other companies are registered at the same location. Two directors and two owners, likely family members, steer the company. Parla Design regularly imports furniture, lighting, and prefabricated buildings (eight months of activity, last in October 2023) and exports special woven and decorative fabrics (three months of activity, last in June 2019).
The company’s website showcases a portfolio of loose furniture, ranging from armchairs to coffee tables and outdoor sofas, marketed under the "Parla Collection." It also highlights bespoke projects, serving clients in Dubai, Zurich, and Cowley. A section dedicated to "Designers" lists a diverse group of collaborators, while the "Wellbeing in Hospitality" section emphasizes the connection between design and wellness. The website also includes a blog, showcasing the company's expertise and engaging with potential clients. It seems like they're really trying to build a brand.
Financially, Parla Design Ltd presents a mixed picture. Current assets have decreased by 34%, dropping to £38,000, while bank borrowings have increased significantly, reaching £29,000. Cash reserves have also fallen, dropping to £32,000. Creditors have decreased by 38%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity—from -£8,900 to -£1700—is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
The company’s business model seems to be based on design and craftsmanship, with a focus on bespoke projects and a strong online presence. The financial data, however, suggests that it’s burning through cash. Whether this is a temporary setback or a longer-term challenge remains to be seen, but it’s clear that Parla Design Ltd needs to carefully manage its finances to ensure its survival.
Registered in England/Wales under the registration number 10592524, with a registered address at GU1 1UJ, England, Guildford, Surrey, One Ground Floor 3 London Square, Cross Lanes.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 25%+
-
Resident of Turkey
-
Individual
- 8 years
- 25%+
-
Resident of Turkey
Managers
-
Individual
- 8 years
-
Resident of Turkey
-
Individual
- 8 years
-
Resident of Turkey
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-14 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2024-01-31Download 9 pages pdf report
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Change of details for Burak Oztuncman as a person with significant control on 2024-08-05Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Parla Design Limited
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