Pavers Limited

Pavers Limited, based in York, UK, is a sizable company with a long history, having been founded 53 years ago in 2071. The business, currently active, boasts 1,710 employees and holds assets valued at £51.884 million. It operates as a holding company, managing a network of related businesses, and maintains a real address, with two directors and one owner overseeing its operations. A key feature is its e-commerce site, which is well-regarded with a 3.0 rating from 71 Google reviews. The company regularly imports and exports footwear and related items, with 1882 months of import activity and 156 months of export activity recorded.

Beyond retail, Pavers Limited owns Shoe-shop.com Limited and manages Osborne Venture Llp and K Square 2 Llp. It also previously operated under the name Pavers Party Plan Limited. The company’s core business involves the retail sale of leather goods, footwear, and accessories, both online and through mail order. It’s also involved in the restoration of pianos.

Financially, Pavers Limited presents a mixed picture. While comprehensive income increased by a substantial 180%, reaching £11 million, net assets grew by 15% to £39 million. However, bank borrowings dramatically increased by 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting improved debt management. The company meets the criteria to be considered large, having turnover over £36 million, balance sheet total over £18 million, and more than 250 employees. The financial statements were audited by BHP LLP.

The increase in bank borrowings, despite the substantial increase in comprehensive income, could indicate investment in growth initiatives or perhaps a shift in working capital management. The decrease in cash reserves, while concerning, could be a temporary effect related to these investments. It's likely that Pavers is expanding its online presence and exploring new markets, which requires capital expenditure.

Registered in England/Wales under the registration number 01014213, with a registered address at YO26 6QU, England, York, Catherine House Harwood Road, Northminster Business Park, Upper Poppleton.

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