1ecom Group Limited

1ecom Group Ltd from Keighley UK: a small, active company founded just one year ago, employs 17 people, and holds £602,179 in assets. It’s a family business with two directors and three owners, operating from a real address shared by nine other companies.

The company’s website, 1ecom Group, appears to be primarily focused on wholesale and retail activities, specifically dealing with household goods, games, toys, and related products. It seems to operate through both online and mail-order channels, as well as through traditional retail stores. The company’s core business involves the wholesale of household goods (other than musical instruments), the retail sale of games and toys in specialised stores, the retail sale via mail order houses or via internet, and the other retail sale in non-specialised stores.

Financially, 1ecom Group Ltd’s report reveals a mixed picture. While current assets remain steady at £600,000, equity has decreased to -£290,000, indicating a loss of value over the year. Bank borrowings have increased significantly, and cash reserves have fallen. Creditors have also remained consistent, suggesting stable debt management. The company’s small size (meeting two of three conditions for being considered small) allows for flexibility, but the equity decline warrants attention. The company has not mentioned an auditor, likely due to its small size and exemption from an audit.

The company's directors, Kevin McGrann and Robert George Owlett, changed three months ago, which could indicate a shift in strategy or management. The owners, Carly Christina McGrann, Kevin McGrann, and Robert George Owlett, also changed one year ago.

Registered in England/Wales under the registration number 14878335, with a registered address at BD21 2AU, England, Keighley, New Devonshire House, Devonshire Street.

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