Parris Cues Ltd

Parris Cues Ltd, a small, active family business based in London, UK, has been operating for eleven years. With fourteen employees and £2,181,323 in assets, the company is a regular importer of toys, games, and sports equipment (four months) and a long-time exporter (179 months). It has a real address and is managed by four directors and two owners. The company operates an e-commerce site and is involved in the manufacture of sports goods.

The company's website suggests a focus on billiards supplies, with a London address and a commitment to quality. It’s a private limited company with a registered address in Forrest Hill, and it’s been in operation since March 25, 2014. The company's trading status is active, and it’s subject to the small companies regime for both accounts and directors' reports.

Looking at the financials, Parris Cues Ltd has experienced some turbulence. Cash bank on hand has decreased by 10%, falling to £1,600,000, while creditors have increased by 9.6%, reaching £1,100,000. Debtors have seen a significant drop of 29%, falling to £47,000, and equity has declined by 19%, settling at £1,100,000. The company’s average number of employees has increased by 21%, reaching seventeen, which could indicate expanding operations. Interestingly, future minimum lease payments have decreased by 27%, which may reflect renegotiated terms or reduced space requirements. The company’s fixed assets have also decreased by 25%, potentially due to depreciation or asset sales.

Despite these shifts, Parris Cues Ltd meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, prepared using IRIS Accounts Production software, don’t mention an auditor, which is common for small companies. The company’s continued export activity and online presence suggest a resilient business model, although the decline in equity warrants further observation.

Registered in England/Wales under the registration number 08957413, with a registered address at SE23 2UW, London, 5 Church Vale, Forrest Hill.

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