Pegasus World Ltd

Pegasus World Ltd, based in Leeds, UK, is a sizable holding company with an active status, having been established 18 years ago. The company employs 13 individuals and holds assets totaling £14,273,989. It operates a real address and is overseen by two directors and one owner. A key element of their business is an e-commerce site, and they maintain a stellar 5.0 Google rating based on two reviews. Notably, Pegasus World Ltd is a regular importer, specializing in textile products, sets, used clothing, and rags, with 275 months of import activity recorded.

The company’s website, Pegasus Group, showcases a diverse range of products and services, primarily focused on workwear and textiles. They design, source, and deliver items like chefwear, textiles, cleaning supplies, and healthcare products. The site is well-structured, with clear categories and product listings, and features a blog with helpful content related to safety and industry best practices. It’s clearly geared towards a B2B audience, catering to businesses in the hospitality, healthcare, and cleaning sectors.

Financially, Pegasus World Ltd demonstrates a mixed picture. While net assets increased by 47% to £5.1 million, cash reserves rose by 56% to £5 million. However, bank borrowings surged by 75% to £110,000, and net loss deepened by 45% to £610,000. Staff costs increased by 35%, and trade debtors ballooned by 890%, which could be due to expanded credit terms or delayed payments. The company’s size (meeting two of three criteria for a large company) suggests it’s a significant player in its niche, but the increased debt and losses warrant closer attention. The accounts were audited by Clive Owen LLP, providing a degree of assurance regarding their accuracy.

Overall, Pegasus World Ltd appears to be a well-established business with a strong online presence and a diverse product range. However, the recent financial trends indicate potential challenges that the company will need to address to maintain its growth and profitability.

Registered in England/Wales under the registration number 05793043, with a registered address at LS15 0FE, England, Leeds, Curo House Nursery Pit Drive, Logic Leeds.

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