PARRIS PROPERTY GROUP LTD
Executive Summary
Parris Property Group Ltd operates as a small-scale, niche player in the UK real estate market focusing on transactional buying and selling of property rather than asset management. While maintaining profitability and positive net assets, its turnover and operational scale are modest compared to typical industry benchmarks. The company’s micro-entity status offers regulatory simplicity but also limits growth potential amid evolving market dynamics and competitive pressures favoring larger, asset-backed firms.
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This analysis is opinion only and should not be interpreted as financial advice.
PARRIS PROPERTY GROUP LTD - Analysis Report
Industry Classification
Parris Property Group Ltd operates primarily in the real estate sector, specifically under SIC codes 68209 (Other letting and operating of own or leased real estate) and 68100 (Buying and selling of own real estate). This sector is characterized by activities involving property acquisition, management, leasing, and resale. Companies in this industry typically rely on property market cycles, capital availability, and regulatory environments affecting property ownership and transactions.Relative Performance
As a micro-entity, Parris Property Group Ltd reports turnover of £168,570 for the year ended June 2024, with net assets of £150,000. The company has no fixed assets on the balance sheet, indicating it either holds properties off-balance sheet or engages in transactional property trading without long-term holdings. Compared to typical industry metrics, this turnover is modest; many real estate firms, even small ones, report turnovers in the low millions. The absence of fixed assets suggests a niche, possibly opportunistic investment or trading approach rather than a portfolio-holding model common among larger real estate firms. The positive net current assets and profitability (£13,965 profit in 2024) demonstrate operational viability but at a small scale relative to industry peers.Sector Trends Impact
The UK real estate market has been subject to volatility due to fluctuating interest rates, economic uncertainty, and post-pandemic shifts in property demand. Rising mortgage costs and inflationary pressures impact buying and selling activity, while regulatory changes such as increased transparency and anti-money laundering requirements affect operational complexity. For a micro-entity like Parris Property Group Ltd, these trends pose both risks and opportunities. The company’s small size and micro-entity status provide filing and compliance relief but may limit access to capital for scaling. Additionally, the shift towards digital platforms and demand for sustainable properties are emerging influences that could reshape competitive dynamics.Competitive Positioning
Parris Property Group Ltd is a niche player within the property sector, focusing on buying and selling real estate without maintaining a significant asset base. Its small scale and micro-entity classification differentiate it from medium and large estate operators with diversified portfolios and asset-backed revenue streams. Strengths include low overhead (only two employees) and flexibility in operations, allowing it to adapt quickly to market conditions. However, weaknesses include limited financial scale, minimal asset ownership, and potential vulnerability to market downturns without long-term property holdings to buffer revenue volatility. Its directors’ backgrounds (one director identified as a barber, the other with a compliance advisory role) suggest a lean management structure possibly reliant on external expertise or opportunistic deals rather than extensive industry infrastructure.
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