Patra Selections Limited

Patra Selections Ltd: a small, active company founded 59 years ago, boasts a solid history. With 26 employees and £5,953,998 in assets, it operates from a real address in London and is overseen by four directors and two owners. Its Google rating of 4.0 (based on 27 reviews) reflects a positive customer experience. The company is a regular importer, specializing in clothing and accessories made by knitting or crocheting—a category it's imported for a remarkable 491 months, with the last import occurring in January 2025. It also runs an e-commerce site.

The company’s core business revolves around retail sale via mail order and internet, and it’s clear they’re focused on this area. While the company’s website is not available for analysis, the import activity suggests a strong focus on sourcing and distribution.

Financially, Patra Selections Ltd presents a mixed picture. Property, plant, and equipment gross cost remained steady at £1,700,000, but depreciation charges increased slightly. Cash bank on hand saw a healthy increase of 18%, rising to £4,700,000—a positive sign of liquidity. However, net assets decreased by 7.8%, settling at £6,400,000. Creditors increased by 24%, reaching £610,000, and bank borrowings surged by 2,400%, reaching £29,000. Trade debtors also rose by 23%, hitting £88,000. The company’s small size—meeting two of three conditions for being classified as such—helps maintain agility. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Patra Selections Ltd seems to be navigating a period of change. While cash reserves are strong, the increase in debt and creditors suggests a need for careful financial management. The company’s long-standing presence and positive Google rating indicate a resilient business, but the future will depend on its ability to manage these financial pressures and continue providing quality products to its customers.

Registered in England/Wales under the registration number 00864408, with a registered address at NW2 2PS, 1-5 Nant Road, London.

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