Paul Menzies Limited

Paul Menzies Limited, based in Falkirk, UK, is a small, active company founded ten years ago in 2015. With four employees and £2,130,486 in assets, it’s a solo-founded operation managed by two directors and a single owner. The company operates in the "other service activities n.e.c." industries, and is an irregular importer of art and antiques, with just one month of import activity recorded as of June 2023.

The company’s website, paulpaulmenziesltd.com, is a fully functional e-commerce platform showcasing a range of coins and bullion. It features collections of British coins, including Sovereigns and Half-Sovereigns, alongside quick links to search, about us, and login pages. The site also highlights a newsletter signup and a PayPal payment option, indicating a focus on online sales and secure transactions. It’s a well-designed site, and it’s clear they’re trying to build a brand around British coinage.

Financially, Paul Menzies Limited shows some concerning trends. While current assets remained stable at £2,100,000, net assets increased by a modest 5.1% to £670,000. However, cash bank on hand dropped significantly by 27% to £140,000, and trade debtors decreased by 21% to £130,000. Creditors, on the other hand, increased by 1.2% to £1,500,000, suggesting a reliance on credit. 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 nimble, but the drop in cash reserves is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Paul Menzies Limited appears to be holding its own, but the financial data suggests it’s not burning through money. The focus on a niche market—collectible coins—and a well-designed e-commerce site are positives, but the company will need to manage its creditors and maintain a healthy cash flow to ensure long-term sustainability.

Registered in Scotland under the registration number SC503378, with a registered address at FK2 9BW, Scotland, Falkirk, Stirlingshire, 1 Livingstone Crescent.

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