Pekino Limited

Pekino Ltd from Glasgow UK is a small, active company founded 20 years ago. Despite its longevity, the company has overdue accounts for six months, a common issue for small businesses. It employs seven people and holds £208,159 in assets, operating from a real address and managed by one director and two owners—a family business with an e-commerce site. It regularly imports clothing and accessories, not knitted or crocheted, with the last import operation made in January 2025.

The company’s website, Pekino Childrenswear, focuses on selling designer children's clothing online. It features brands like Monnalisa, offering items like tracksuits, hats, and sandals. The site highlights sales and new arrivals, aiming to attract customers with a curated selection of children's fashion. It also has a mailing list for updates and accepts various payment methods, including American Express and PayPal.

Financially, Pekino Ltd presents a mixed picture. Current assets decreased by 15% to £210,000, while net assets dropped 25% to -£310,000—a significant loss. Bank borrowings decreased by 27%, reaching £27,000, and cash reserves fell 90% to just £3,400. Creditors increased by 5.6%, suggesting a need for better debt management. 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 agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It's clear that Pekino Ltd is facing financial challenges. While the e-commerce side appears active and well-designed, the financials reveal strain. Whether the company can turn things around remains to be seen, but its focus on designer children's wear and its online presence offer potential for future growth.

Registered in Scotland under the registration number SC272139, with a registered address at G71 8RD, Glasgow, 15 Main Street, Bothwell.

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