Andrew Edmonds Enterprises Limited

Andrew Edmonds Enterprises Limited is a small, active company based in Billericay, UK, founded nine years ago in 2015. With £262,792 in assets and a virtual address (shared by 324 other companies), it’s a lean operation managed by one director and two owners. The company employs just two people and operates in the retail sale via mail order houses or via internet industries. It’s an irregular importer, primarily dealing in clocks, watches, and their parts, with just one month of import activity recorded as of September 2019.

The company's website, while loading, primarily showcases ActiveCampaign marketing tools and tips—suggesting a focus on digital marketing services rather than direct sales of its imported goods. It’s unclear how closely the marketing services relate to the core import business, but the emphasis on digital engagement points to a modern approach.

Financially, Andrew Edmonds Enterprises Limited shows some concerning trends. Current assets have plummeted by 41%, falling to £260,000, while net assets have also dropped significantly, decreasing 41% to £86,000. Bank borrowings have increased by 8.6%, reaching £98,000, and cash reserves have fallen sharply by 74%, leaving just £25,000. Creditors have also decreased by 16%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the significant drop in equity and cash reserves raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Andrew Edmonds Enterprises Limited is facing financial pressures. The shift towards digital marketing services, as evidenced by the website, may be an attempt to diversify revenue streams—but for now, the company needs to address the declining asset base and manage its borrowing levels to ensure long-term viability.

Registered in England/Wales under the registration number 09692985, with a registered address at CM12 0EQ, United Kingdom, Billericay, Essex, Lakeview House, 4 Woodbrook Crescent.

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