E Line Ltd

E Line Ltd is a private limited company registered in England/Wales with the registration number 2360738. The company was founded three years ago on June 18, 2021, and registered at RG2 0HX, England, Reading, 211 Basingstoke Road. The address is probably real as only five companies registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company's website, elineshipping.com, suggests a focus on international sea freight services, particularly to and from Russia. They specialize in container transportation, with a strong presence in the Far East, Southeast Asia, and other key regions. The site highlights regular sailings, full-scale service, smooth transshipment handling, and competitive freight rates. It's clear they're trying to establish themselves as a reliable and efficient partner for businesses involved in international trade. The site is currently under development, but it's evident that E Line Ltd is aiming to be an ecommerce platform for freight services, facilitating bookings and tracking shipments online.

Financially, E Line Ltd presents a mixed picture. Current assets are down 72% to £500, while net assets have improved to -£4300. Bank borrowings have decreased by 3.2% to £4500, and cash reserves have increased by 72% to £500. Creditors have also decreased by 3.0% to £4800. 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 agile, but the negative equity suggests a company still working to establish profitability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It’s a bit concerning that the company is still operating at a loss, but the increase in cash reserves indicates a possible improvement in cash flow management.

Registered in England/Wales under the registration number 13465793, with a registered address at RG2 0HX, England, Reading, 211 Basingstoke Road.

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