Paul Stephens Limited

Paul Stephens Limited, based in Halstead, Essex, is a small, active company founded 22 years ago in 2003. With £936,561 in assets and a virtual address shared by 156 other companies, it's a family business run by two directors and two owners, Stephens Paul William and Stephens Rebecca. The company employs seven people and has a stellar 5.0 Google rating from 24 reviews. Paul Stephens Limited is a regular importer, specializing in vehicles, parts, and accessories (excluding trains and trams), with its last import operation in August 2022.

The company's website, Paul Stephens, focuses on the restoration and sale of classic Porsche vehicles. It operates a showroom by appointment only and offers services like restoration, self-play system integration, and disaster recovery for damaged pianos. The website highlights a range of classic Porsche models for sale, alongside a magazine featuring articles on Porsche history and restoration techniques. It's clear that the business caters to a niche market of Porsche enthusiasts and collectors.

Financially, Paul Stephens Limited presents a mixed picture. While cash bank on hand increased significantly by 170% to £82,000, current assets decreased slightly by 0.65% to £930,000. Debtors surged by 64% to £490,000, suggesting potential issues with customer payments, and creditors decreased by 4.2% to £680,000. Despite a decrease in net assets by 5.7% to £230,000, the company’s profits decreased significantly by 58% to £33,000. 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 maintain agility. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Overall, Paul Stephens Limited appears to be navigating a period of change, with increased debts and lower profits, but maintaining a strong brand reputation and a loyal customer base.

Registered in England/Wales under the registration number 04706673, with a registered address at NG1 5GF, United Kingdom, Nottingham, White House, Wollaton Street.

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