Pmg Retail Limited

PMG Retail Limited, based in Faringdon, UK, is a small, active company founded 20 years ago. Employing 62 people and holding £1,268,885 in assets, it operates a real address and is overseen by three directors and a single owner who is also the solo founder. The company runs an e-commerce site specializing in schoolwear.

PMG Retail Limited's website, PMG Schoolwear, is a fully functioning online store catering to parents and schools. It offers a wide range of uniforms, accessories, and sportswear, with a strong emphasis on school-specific requirements. The site features a size guide, stores contact information, FAQs, and even a school search function. A key feature is the appointment system for visits to stores, particularly during the busy back-to-school period. The site also highlights a Sunday opening for last-minute shoppers, and clearly states that click-and-collect is currently unavailable.

Financially, PMG Retail Limited's report reveals a mixed picture. While net assets increased by 7.3% to £1.1 million, current assets remained stable at £1.3 million. However, bank borrowings increased significantly by 47% to £50,000, and cash reserves decreased by 11% to £580,000. Creditors also decreased by 13%, suggesting improved 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) allows for flexibility, but the increase in bank borrowings is something to keep an eye on. The report does not mention an auditor, which is typical for a small, exempt company.

Overall, PMG Retail Limited appears to be a well-established online retailer in the schoolwear market. The company's focus on customer service and school partnerships, along with its e-commerce platform, positions it well for continued success. However, managing its debt levels will be key to ensuring its long-term financial health.

Registered in England/Wales under the registration number 05205232, with a registered address at SN7 7BX, United Kingdom, Faringdon, Oxon, 8 Regal Way.

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