Parkmaven Limited, nestled within the vast expanse of the UK's parking management landscape, has made quite an impression. Since its inception in 2017, the company has continuously stood out in its field. With its dedicated focus on ethical enforcement and revenue maximisation, this entity distinctly stands out. Consequently, in this article, we aim to unravel the financial evolution of Parkmaven Limited. Specifically, we will shed light on how the trajectory of KADOE inquiries might be influencing its fiscal health.
A Snapshot of Parkmaven Limited
Having registered on 30 November 2017, Parkmaven Limited has carved out a reputation as a trusted entity in the parking management and enforcement sector. Here's a closer look at some key aspects:
- Nature of Operations: Parkmaven Limited, with its robust presence in the parking sector, delivers versatile solutions to operators. The company focuses on ethical enforcement, aiming to boost revenue streams.
- Ticketing and Enforcement: Parkmaven Limited has become synonymous with parking ticket enforcement. Given the diverse opinions on the enforceability of their tickets, it's crucial for recipients to understand how to address them.
Digital Dimensions: Firstly, Parkmaven Limited's online platform enables users to efficiently tackle parking charges, commence appeal processes, or express grievances. This service ensures a streamlined experience for all user interactions.
Furthermore, for those seeking detailed insights into Parkmaven Limited, the Companies House website serves as an invaluable tool. It offers a treasure trove of information, encompassing registration details and the company's comprehensive filing history.
Parkmaven Limited Financial Trajectory
| Year | KADOE Inquires | Debtors | Cash at bank | Fixed Assets |
| 2019 | N/A | N/A | N/A | N/A |
| 2020 | 7,307 | N/A | £100 | N/A |
| 2021 | 56,384 | £78,677 | £109,003 | N/A |
| 2022 | 198,855 | £1,841,153 | £189,714 | N/A |
To truly understand Parkmaven Limited's financial strength, let's delve into a detailed, year-by-year analysis:
2020: In 2020, Parkmaven Limited reported 7,307 KADOE inquiries. Additionally, the company had a modest cash balance of £100 in the bank.
2021: Moving into 2021, there was a significant change. The company's KADOE inquiries skyrocketed to 56,384, marking an impressive increase of 771.9% from 2020. Moreover, the debtors amounted to £78,677. Impressively, the cash at the bank saw an astounding increment for a company in the new Parking Management industry, reaching £109,003, a 109,003% rise from the previous year.
2022: Then in 2022, Parkmaven Limited continued its upward trajectory. The KADOE inquiries surged further to 198,855, a 252.5% spike from 2021. Concurrently, the company's debtors grew to £1,841,153, a colossal hike of 2,241.8% from the previous year. Additionally, the cash at bank increased to £189,714, marking a rise of 74.1% from 2021.
The steady upsurge in KADOE inquiries seems to correlate with significant financial improvements, particularly in terms of 'Cash at Bank' and 'Debtors'. The company's mounting debtor figures suggest a growing revenue stream, potentially driven by increased KADOE inquiry volumes.
Governing Body & Ethical Practices
Being a member of the British Parking Association (BPA) underscores Parkmaven Limited's commitment to upholding the gold standards of the parking industry. BPA's guidelines ensure that member companies, including Parkmaven Limited, adhere to best practices and maintain high-quality standards.
Engage with Us!
Intrigued by Parkmaven Limited? Dive deeper into their corporate nuances on our platform. We encourage our readers to leave reviews, should they have had any interaction with Parkmaven Limited. Whether you've experienced their services firsthand or have tales to recount about a PCN – your feedback enriches our directory.
In concluding, we hope to continue delivering insights into the financial trajectories of stalwarts in the UK parking industry. Your perspective paves our path. Stay engaged and informed!
