Pharos Group Limited

Pharos Group Ltd from Pershore UK is a small holding company with an active status, established 25 years ago in 1999. The company employs three people and holds assets totaling £854,745. It has a real address and is managed by two directors and one owner. Pharos Group Ltd regularly imports and exports machinery, boilers, and mechanical appliances, including parts, with 38 months of import activity and 164 months of export activity.

The company operates in the activities of head offices industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The registered address is WR10 2TA, England, Pershore, Worcestershire, Keytec 7 Business Park, 26-28 Kempton Road, which is probably real as only seven companies registered at the address.

Financially, Pharos Group Ltd shows a mixed picture. Current assets have increased significantly by 53% to £850,000, while cash bank on hand has jumped to £80,000. However, net assets have also increased by 29% to £590,000, and creditors have risen by 8.5% to £1.8 million. Debtor levels have also increased by 38% to £770,000. Equity, however, has seen a dramatic turnaround, with retained earnings accumulating losses increasing by a staggering 510% to £110,000. Bank borrowings are not mentioned.

The company’s financial statements are abridged and unaudited, reflecting its status as a small entity. The accounts are prepared in accordance with Financial Reporting Standard 102 and are exempt from audit under Section 477 of the Companies Act 2006. The director, Mr R W Apted, acknowledges his responsibilities for keeping accounting records and preparing financial statements.

The significant increase in current assets and cash reserves suggests improved liquidity, but the rise in creditors indicates a potential reliance on short-term financing. The substantial growth in equity, after years of accumulated losses, is a positive sign, potentially reflecting increased profitability or successful cost management. It’s possible the company is reinvesting profits back into the business, or perhaps the increase is due to revaluation of assets.

Registered in England/Wales under the registration number 03795831, with a registered address at WR10 2TA, England, Pershore, Worcestershire, Keytec 7 Business Park, 26-28 Kempton Road.

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