Parme Limited

Parme Limited is a small, active company based in Hawick, UK, founded three years ago. With two employees and £172,321 in assets, it operates from a real address and is overseen by two directors and two owners. The company’s core business revolves around retail sales via mail order and internet, as evidenced by its website.

The website, OCME, showcases a much larger operation specializing in filling, packing, palletizing, and intralogistics solutions for various industries, including beverage, food, and personal care. It offers a comprehensive range of services, from filling and packing to internal logistics, alongside on-site and remote support, training, and machine optimization. The site highlights advanced engineering systems, tailored solutions, and a global presence through exhibitions and case studies, partnering with brands like Robopac and Aetna Group. It’s a sophisticated operation, far exceeding the scale suggested by Parme Limited’s employee count.

Financially, Parme Limited presents a mixed picture. While cash bank on hand decreased by 33% to £59,000, creditors significantly dropped by 51% to £55,000, suggesting improved debt management. Current assets also declined by 17% to £170,000. However, equity increased by 50% to £150,000, a positive sign. 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 decrease in current assets warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Overall, Parme Limited seems to be navigating a challenging environment. While it's managed to reduce its debt, the decline in cash reserves and assets suggests a need for careful financial management. The connection between the small, retail-focused Parme Limited and the large-scale, industrial solutions provider OCME remains unclear, but the website indicates a much broader scope of operations.

Registered in Scotland under the registration number SC697453, with a registered address at TD9 8RT, Hawick, Scottish Borders, Holmbank, Midshiels.

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