Parsch Uk Ltd

Parsch UK Ltd, based in Chorley, UK, is a small, active holding company established 34 years ago. Employing six people, the company holds £1,107,758 in assets and operates from a real address within the Chorley North Industrial Park. With three directors and one owner, it runs an e-commerce site and maintains a 5.0 Google rating based on two reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 86 months of import activity and 21 months of export activity.

The company's website, salesparschuk.com, showcases a wide range of layflat hoses and fluid transfer solutions, catering to industries like firefighting, agriculture, marine, and construction. It's a UK leader in this niche, offering everything from hoses and fittings to nozzles and fire monitors. The site emphasizes premium FedEx service, next-day delivery, and a comprehensive inventory—a clear focus on customer convenience and a wide selection. The website even has a section on hose care and maintenance, highlighting the company's commitment to product longevity.

Financially, Parsch UK Ltd shows some interesting trends. While cash reserves increased by 12% to £330,000, current assets decreased by 19% to £1,100,000. Debtor levels fell by 21%, which could indicate better collection practices, but also potentially reduced sales. Creditors decreased significantly by 60%, which is a positive sign of improved debt management. Bank borrowings are down, too, which is good. The company's net assets increased by 11% to £970,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in current assets is something to keep an eye on. The increase in employees from six to eight could be a sign of growth, or perhaps an attempt to address the challenges. There’s no mention of an auditor, likely due to the small company status, so the financial statements are unaudited. The company’s financial data is based on FRS 102.

Registered in England/Wales under the registration number 02534702, with a registered address at PR6 7DE, England, Chorley, Lancashire, Restoration House Drumhead Road, Chorley North Industrial Park.

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