Pm Retail Group Ltd

Pm Retail Group Ltd, based in Woodford Green, UK, is a small, active company founded three years ago. With two employees and £21,775 in assets, it operates from a virtual address, a common trait for smaller businesses. Two directors and two owners manage the company, which is registered at IG8 8EY. The firm's primary activity involves importing optical and medical tools and devices, though it’s an irregular importer, with only one month of imports recorded. It operates in the other retail sale not in stores, stalls or markets industries.

The company’s website, Retail Group, showcases a wide range of brands including Aldo, Accessorize, Monsoon, and Nine West, suggesting an online fashion retail focus. The site appears to be an e-commerce platform, displaying product listings and brand logos, but lacks detailed information about the company's operations or physical locations. It's a curated collection of popular fashion brands, likely targeting a broad consumer base.

Financially, Pm Retail Group Ltd presents a concerning picture. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the figures reveal a company struggling. Accumulated depreciation has remained at a modest £89, and cash bank on hand is £6,500. However, creditors are at £25,000, and net current assets and liabilities are at -£3,700. Equity is at a negative -£3,200, indicating accumulated losses. Bank borrowings are not mentioned, but the negative equity is a significant red flag. The company’s small size and lack of employees (just two) may allow for agility, but the negative equity suggests it's burning through money faster than it's bringing it in. The unaudited nature of the accounts, a common exemption for small companies, adds another layer of uncertainty.

Registered in England/Wales under the registration number 13976543, with a registered address at IG8 8EY, England, Woodford Green, Essex, The Retreat, 406 Roding Lane South.

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