E-ppl Limited

E-ppl Limited, based in Coventry, UK, is a small holding company with an active status. Established thirteen years ago in 2011, the company employs forty-six people and holds assets totaling £6,172,362. Annual revenue reached £3,743,752. With four directors and two owners, and a perfect 5.0 Google rating from sixteen reviews, it’s a well-regarded operation. The company imports electrical machinery and equipment, although its import activity is irregular, with the last operation occurring over two years ago.

The company’s website reveals a focus on automotive services and support. E-ppl Limited provides track record solutions, engineering support, and inspection services to vehicle manufacturers and their suppliers. They specialize in managing rework projects and providing day-to-day support, even dispatching teams overseas. The website also highlights a separate division, E-PPL Vehicle Operations Limited, which focuses on piano restoration—a surprising diversification from their automotive core.

Financially, E-ppl Limited's recent performance shows some concerning trends. Current assets have fallen by 36%, dropping to £6,200,000, while turnover has declined by 46% to £3,700,000. Bank borrowings have been completely repaid, a positive sign, but cash reserves have decreased significantly by 69%, leaving only £760,000. Creditors have also fallen considerably, indicating improved debt management. The company’s size—meeting two of three conditions to be considered small—allows for flexibility, but the decrease in equity raises questions. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

In conclusion, E-ppl Limited is a well-established company with a diversified business model, but recent financial results suggest it's facing challenges. The automotive support division appears stable, while the piano restoration arm adds a unique element to the company's profile. Whether these two ventures can sustain each other remains to be seen, but the company’s reputation and experienced management team should help it navigate the current economic climate.

Registered in England/Wales under the registration number 07810930, with a registered address at CV6 6PB, England, Coventry, Warwickshire, Unit 2 Mallory Way, Gallagher Business Park.

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