Scarletts Parrot Essentials Limited

Scarletts Parrot Essentials Ltd from Horncastle UK is a small, family-run business with an active status, established thirteen years ago. Employing seven people and holding £683,026 in assets, the company operates from a real address and is managed by two directors and owners. Its Google rating stands at a perfect 5.0 based on 463 reviews, reflecting a strong customer base. The business runs an e-commerce site and regularly imports wood and wood products, with nine months of import activity recorded, the last in December 2023.

The company's core business involves retail sales via mail order and the internet, catering to customers seeking quality wood products. While the website doesn't provide extensive details, it suggests a focus on essential items for parrot owners, aligning with the company's name. It's a small business, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Scarletts Parrot Essentials Ltd presents a mixed picture. Current assets have decreased by 2.8% to £680,000, while net assets have plummeted 68% to £100,000 – a significant drop. Bank borrowings have surged by 82%, reaching £140,000, and cash reserves have fallen 140% to £19,000. Creditors have also increased by 82% to £140,000, and trade debtors have fallen by a substantial 70% to £58,000. The company’s small size helps it remain agile, but the equity drop and increased borrowings raise concerns. As a small company, it's exempt from an audit, so the financial statements are unaudited.

The company’s focus on regular imports, combined with a strong Google rating, suggests a stable customer base. However, the financial data indicates a period of adjustment, possibly due to increased costs or changing market conditions. It’s clear that Scarletts Parrot Essentials Ltd is working to maintain its position in the market, but the financial figures warrant close monitoring.

Registered in England/Wales under the registration number 07692067, with a registered address at LN9 6BJ, United Kingdom, Horncastle, Lincolnshire, Three Penny House Mill Lane, Fulletby.

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