Ea Designers Limited

Ea Designers Limited, based in London, UK, is a small holding company with an active status, having been founded eight years ago in 2016. The company employs seven people and holds £41,349 in assets. It operates from a virtual address shared by seventy other companies, a detail that warrants some scrutiny. With one director and one owner (though the list of owners was changed a year ago and isn't exhaustive), the company maintains a respectable Google rating of 4.0 based on a single review. It functions as an irregular importer, primarily bringing in furniture, lighting, and prefabricated buildings, with its last import operation recorded one month ago in January 2024. The company’s activities fall under the broader category of other business support service activities n.e.c.

The company's website is non-existent, so it's difficult to determine if they are engaged in e-commerce or operate solely through business-to-business channels. Without a website, it’s impossible to assess their online presence or marketing strategies.

Financially, Ea Designers Limited presents a concerning picture. Current assets have plummeted by 58%, dropping to £41,000, while net assets have also taken a significant hit, decreasing by 8.8% to -£210,000. Cash reserves have evaporated, falling 93% to a mere £4,000. Bank borrowings have increased by 5.9%, reaching £210,000. Trade debtors have also decreased by 5.9%. The company's small size—meeting two of three conditions for being classified as small—helps it stay nimble, but the dramatic decline in assets and cash raises serious questions about its financial health. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

The sharp decrease in cash and assets, coupled with increased borrowings, suggests that Ea Designers Limited may be burning through money. The company's reliance on irregular imports, the virtual address, and the lack of a website all contribute to a sense of uncertainty. While the single positive Google review is encouraging, it's not enough to offset the negative financial trends.

Registered in England/Wales under the registration number 10481319, with a registered address at N13 5RY, England, London, 590 Green Lanes.

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