Pava Facilities Limited

Pava Facilities Ltd, based in Bexhill, UK, is a small, active company founded eight years ago. With a single employee and £25,968 in assets, it operates from a virtual address shared by over 500 other companies, raising some questions about its physical presence. The company is led by one director and owned by two individuals, though the ownership list changed four years ago. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with just one month of import activity recorded as of March 2018.

The company’s website highlights a unique service: enabling manufacturers to achieve EN5416 certification for voice alarm electronics. It addresses a gap in the market, as the standard typically requires testing of entire systems, which many audio equipment manufacturers don’t produce. Pava Facilities offers a process to test individual products, simplifying certification and reducing costs. The website emphasizes speed, compatibility, and minimal engineering resource requirements. It’s a niche offering targeting a specific technical market.

Financially, Pava Facilities Ltd presents a mixed picture. Accumulated depreciation has increased, with computer equipment showing a 7% rise, and furniture fittings up 120%. Cash on hand has improved significantly, jumping 82% to £15,000, a positive sign. However, current assets have plummeted 53% to £26,000, and net current assets and liabilities have dropped sharply. Trade debtors have decreased significantly, which is good, but equity has fallen 83% to just £2,400. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the significant drop in equity is concerning. No auditor is mentioned, which is typical for small companies exempt from an audit.

Overall, Pava Facilities Ltd appears to be navigating a challenging financial landscape. While the innovative certification service holds promise, the company needs to address the decline in assets and equity to ensure long-term sustainability. The reliance on a virtual address and the lack of employee growth suggest a lean operation, but it's unclear if this is a sustainable model.

Registered in England/Wales under the registration number 10234601, with a registered address at TN39 5ES, England, Bexhill, East Sussex, Unit 2.02 High Weald House, Glovers End.

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