Parsons Group International Limited

Parsons Group International Ltd, based in London, UK, is a small, active company founded 27 years ago in 1997. With 39 employees and £7,405,336 in assets, it operates from a real address and is managed by three directors, though no owners are currently listed. The company holds a Google rating of just 1.0 based on one review, and is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity occurring just one month ago in July 2024.

The company’s website, while not fully detailed, indicates a focus on management consultancy and engineering activities. It appears to be a B2B operation, rather than an e-commerce site, catering to commercial clients. Parsons Group International Ltd is a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

A review of the company's financial data reveals some concerning trends. Accrued liabilities have decreased significantly by 39%, while amounts owed by group undertakings have jumped by a staggering 1,400%. Cash bank on hand has plummeted 78%, and taxation social security payable has risen by 240%. While debtors have increased by a substantial 49%, creditors have also decreased, suggesting a possible effort to manage short-term debt. Equity has increased by 7.3%, but the significant decrease in cash reserves and the rise in liabilities point to a company potentially burning through money. The lack of an auditor mentioned is likely due to the company’s small size and exemption from mandatory audits.

Despite these challenges, Parsons Group International Ltd’s long-standing presence and focus on specialized services—management consultancy and engineering—suggest a degree of resilience. However, the company’s financial performance warrants close monitoring to ensure its continued viability.

Registered in England/Wales under the registration number 03393325, with a registered address at W7 2QE, United Kingdom, London, Boundary House, Boston Road.

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