Persaz Limited

Persaz Limited, based in Ossett, UK, is a small holding company with an active status, established four years ago. Employing just two people and holding £12,254 in assets, it operates from a real address and is overseen by two directors and one owner. Its Google rating stands at 3.0 based on two reviews. The company is an irregular importer, primarily dealing in aluminum and aluminum products, with its last import operation occurring two months ago in April 2022.

Persaz Limited’s website showcases a range of luxury aluminum gazebos, marketed under the brand “Persaz Outdoors.” The site offers both manual and electric roof systems, privacy screens, and optional extras, catering to a premium market. It operates an e-commerce model, allowing customers to browse and purchase products online. Two showrooms are listed: one in Ossett and another in Trowbridge, suggesting a blend of online and physical retail presence. The company also offers professional installation services with a two-year warranty.

Financially, Persaz Limited’s recent performance paints a mixed picture. Current assets have plummeted by a staggering 74%, dropping to just £12,000, while net assets have also seen a dramatic decline, falling 110% to -£220. Cash reserves have shrunk by 180%, leaving just £480. On the positive side, creditors have decreased significantly, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in equity raises concerns. The lack of an auditor is typical for a small company, meaning the figures are unaudited.

While the company's website projects a sophisticated brand and premium product offering, the financials indicate a period of financial strain. It’s possible that the company is experiencing typical startup challenges or that it is burning through money. The company’s reliance on a single owner and small team could also be a factor in its financial performance.

Registered in England/Wales under the registration number 12869331, with a registered address at WF5 9ND, England, Ossett, Unit 4a Rcm Business Centre, Sandbeds Trading Estate.

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