Parm Group Ltd
- Active
- Small
- 4 years
- 4 employees
- £331,340 (assets)
- Regular importer
- Real address
- 4 directors
- 2 owners
- Family business
- Goole
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
Social media
Summary
Parm Group Ltd is a small, active company based in Goole, UK, founded four years ago in 2020. Employing just four people, the company holds £331,340 in assets and operates from a real address with four directors and two owners. It’s a family business that imports various natural fibers, paper yarn, and fabrics made from paper yarn, although import activity has been irregular, with the last recorded import occurring over two years ago.
The company’s website reveals a focus on sustainable drainage solutions, manufacturing pipes in Leeds and offering services like crop enhancement, research and development, and custom drainage system design. They emphasize eco-friendly practices, customer commitment, and a specialized expert team. Their website also highlights a focus on sustainable pipes that prevent soil blockage.
Financially, Parm Group Ltd presents a mixed picture. While cash bank holdings increased significantly by 170% to £210,000, current assets grew by a substantial 86% to £330,000, and trade debtors increased by 41%, there are concerning trends. Accumulated depreciation impairment property plant equipment has risen by 60%, and net current assets liabilities have decreased by 13%. Investment property fair value has also dropped by 22%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in accumulated depreciation and the decrease in investment property value suggest potential challenges. The company’s accounts are unaudited, and no auditor is mentioned. The company’s equity has also decreased, which is a worrying sign.
Registered in England/Wales under the registration number 12878616, with a registered address at DN14 7JY, England, Goole, Brind Leys, Newsholme.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 4 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
- 2
-
Resident of United Kingdom
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 10 pages pdf report
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Confirmation statement made on 2024-09-13 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Parm Group Ltd
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