Pets Abroad Uk Limited

Pets Abroad UK Domestic and International Pet Transport Ltd, based in Staines-Upon-Thames, UK, is a small holding company with an active status. Founded eight years ago in 2017, it employs fourteen people and holds £1,076,720 in assets. The company, with two directors and three owners, boasts a stellar 5.0 Google rating based on 188 reviews. It’s an irregular importer of live animals, with just one month of import activity recorded as of December 2022.

The company’s website highlights its services in domestic and international pet transport, catering to owners needing to move their furry companions. While the site is professional, it doesn’s offer much detail about the company's history or team—it’s more focused on the logistics of pet relocation. It seems to be primarily an e-commerce business, facilitating bookings and providing information about transport options.

Financially, Pets Abroad UK Ltd presents a mixed picture. While cash reserves increased by 110% to £900,000, net assets plummeted 93% to just £10,000—a significant drop. Creditors surged by 130% to £1,100,000, suggesting increased borrowing or extended payment terms, and net current assets fell by 140% to -£31,000. Bank borrowings increased by a staggering 1,000% to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp equity decline raises concerns. The company is exempt from an audit, so the figures rely on unaudited director’s reports.

The increase in bank borrowings and the decrease in net assets suggest that the company may be burning through cash, possibly to fund growth or cover operational expenses. While the Google rating indicates strong customer satisfaction, the financial data suggests that Pets Abroad UK Ltd is facing challenges in maintaining profitability. It's a bit worrying, but the company’s focus on a niche market—pet transport—could provide a buffer against broader economic pressures.

Registered in England/Wales under the registration number 10754226, with a registered address at TW19 6BD, England, Staines-Upon-Thames, The Mill Studio, Horton Road.

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