Paro Lifts Ltd
- Small
- Active
- 7 years
- 10 employees
- £434,403 (assets)
- Real address
- 3 directors
- 3 owners
- Regular importer
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
Summary
Paro Lifts Ltd from Burnham-On-Sea UK is a small, active company founded six years ago. With ten employees and £434,403 in assets, it operates from a real address and is overseen by three directors and three owners. The company regularly imports electrical machinery and equipment, with its last import operation made on March 01, 2025.
The company's website, parolifts.co.uk, is simple and to the point. It states "Lift Engineers PARO Lifts More Coming Soon" repeatedly, and includes a copyright notice and registration number. The site's design suggests a focus on lift engineering services, but lacks detailed information about specific offerings. It's clear the company operates an e-commerce site, but it’s not overly sophisticated.
Financially, Paro Lifts Ltd presents a mixed picture. While cash bank on hand increased by 19% to £130,000, average number of employees during the period dropped significantly by 60%, falling to just four. Bank borrowings were eliminated entirely, a positive sign, but corporation tax payable rose dramatically by 120% to £92,000. Creditors decreased by 31%, which is good, but debtors increased by 33%, suggesting the company is having a little trouble getting paid. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in employees and increase in tax payable could indicate some challenges. The company’s accounts were prepared by Hayvenhursts and are unaudited, likely due to its small size.
Registered in England/Wales under the registration number 11421508, with a registered address at TA8 2TS, England, Burnham-On-Sea, Somerset, 53 Ramsay Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 6 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 7 years
- 2
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 2
-
Resident of United Kingdom
-
Individual
- 6 years
- 2
-
Resident of United Kingdom
-
Individual
- 6 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Director's details changed for Mr Nicholas James Payne on 2024-11-01Download 2 pages pdf report
-
Change of details for Mr Nicholas James Payne as a person with significant control on 2024-11-01Download 2 pages pdf report
-
Confirmation statement made on 2025-01-05 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Paro Lifts Ltd
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