3r Epos Limited

3r Epos Limited, based in London, UK, is a small, active company founded 24 years ago. With nine employees and £1,184,947 in assets, it operates from a virtual address – a detail flagged by the fact ten companies share the same registration. The company is run by three directors and has one owner, Patel Ramesh Bhikhabhai. It runs an e-commerce site and boasts a Google rating of 4.0 based on nine reviews. 3r Epos is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with the last import operation recorded over two years ago in August 2021.

The company's website reveals a focus on providing point-of-sale solutions for small businesses. It offers EPOS merchant services, top-up calling cards, and payment processing. The site emphasizes bespoke software and hardware designed to give businesses a competitive edge, alongside a focus on customer service and tailored support. A key element of the business is the restoration of pianos, a venture that has been operating for nearly 50 years, even showcasing a showroom in Harrods. The website highlights a focus on British craftsmanship and family ownership.

Financially, 3r Epos Limited’s report paints a mixed picture. Current assets have decreased by 21%, dropping to £1,200,000. Net assets have also fallen, down 6% to £2,000,000. Bank borrowings have decreased significantly, a 36% drop to £20,000, while cash reserves have increased by 1.2% to £520,000. Trade debtors have plummeted 44%, suggesting improved collection rates, but creditors have also decreased by 70%, which could indicate difficulties in managing payments. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, relying on unaudited statements.

The company's financial performance suggests it is facing some challenges, though its focus on customer service and its diverse offerings – from EPOS solutions to piano restoration – could help it navigate these pressures.

Registered in England/Wales under the registration number 04189802, with a registered address at E12 5BT, London, 8-10 Station Road, Manor Park.

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