Pascal Retail Ltd

Pascal Retail Ltd, based in Batley, UK, is a small holding company with an active status, founded four years ago in 2021. The company employs seven people and holds £992,816 in assets, though its registered address is likely a virtual one, as twenty companies share the same location. It’s led by two directors and owned by Pscl Holdings Ltd, and operates an e-commerce site selling luxury beds and related items.

The website, PSCL Beds, showcases a wide range of luxury beds, storage beds, and mattresses, emphasizing handmade quality and Yorkshire craftsmanship. It offers various styles, including high-headboard designs, ottoman storage options, and rapid delivery choices. The site highlights free fabric samples, customer reviews, and a WhatsApp contact option, creating a user-friendly online shopping experience. It’s clear the company focuses on direct-to-consumer sales through its online platform.

Financially, Pascal Retail Ltd’s recent report presents a mixed picture. While cash bank on hand increased by 18% to £810,000, net assets experienced a significant drop of 48%, falling to £260,000. This decrease is largely attributable to a substantial dividend declared and payable of £400,000. Trade debtors increased by 32% to £95,000, which could indicate a growing customer base, but also potentially delayed payments. Creditors also rose significantly, increasing by 170% to £760,000—a concerning trend that suggests the company is relying more heavily on borrowed funds. The company’s average number of employees increased by 29% to nine, which may have contributed to the rise in expenses. The company is exempt from an audit, and the report was prepared in accordance with the provisions applicable to small companies. Overall, Pascal Retail Ltd appears to be growing its business, but the large dividend payment and rising debt levels warrant close monitoring.

Registered in England/Wales under the registration number 13160399, with a registered address at WF17 5SB, England, Batley, Branch House, 31-33 Branch Road.

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