E-best Services Ltd

E-Best Services Ltd, based in Manchester, UK, is a small, active company founded three years ago. With 18 employees and £328,498 in assets, it operates from a virtual address – a detail flagged by the registration of 355 other companies at the same location. The business is led by a single director and owner, who is also the solo founder. It's a regular importer, primarily of iron or steel products, with four months of import activity recorded, the last in August 2024. The company’s website is currently unavailable.

E-Best Services Ltd operates in the warehousing and storage facilities for land transport activities industries. Its core business involves accounting and auditing activities. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, E-Best Services Ltd presents a mixed picture. Cash reserves have dramatically decreased by 97%, plummeting to just £340 – a concerning trend. Borrowings have also fallen significantly, dropping 100% to a mere £44. However, current assets have risen by 23%, reaching £330,000, and trade debtors have increased by 29%, suggesting potentially improved revenue collection. Liabilities have also changed, with accrued liabilities increasing by 97%, and taxation social security payable rising by 20%. Equity, however, has improved significantly, jumping from a negative £62,000 to a positive £1,000. The company is exempt from an audit, relying on unaudited statements.

The company’s rapid growth in employees, from 18 to 22, may be contributing to the increased liabilities, but it also indicates potential expansion. The sharp decline in cash, however, warrants close monitoring.

Registered in England/Wales under the registration number 13490165, with a registered address at M25 0TL, England, Manchester, 2nd Floor - Parkgates Bury New Road, Prestwich.

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