Easi T Limited

Easi T Limited is a small, active company based in Wells, UK, founded six years ago in 2018. It’s a solo founder operation with one director and a single employee, holding just £1,568 in assets. The company operates in the retail of furniture, lighting, and similar items, and is also an irregular importer of optical and medical tools and devices, with the last import activity recorded two months ago in November 2024. It has a real registered address, and is registered with Companies House.

The company’s website, Fastbuild Supplies, is a comprehensive online store catering to the construction and building materials sector. It offers a vast range of products, from building materials and fixings to power tools and PPE, targeting trade professionals. The site emphasizes competitive pricing, next-day delivery, and a wide selection of branded products. It’s clear the company is focused on serving the UK's building trade, with a large catalogue and a focus on bulk discounts.

Financially, Easi T Limited presents a concerning picture. Current assets have plummeted by a staggering 84%, dropping to just £1,600, while net assets are down 76% to -£4,500. Bank borrowings remain steady at £10,000, but cash reserves have fallen by 79% to a meager £1,400. Creditors have increased significantly, rising 150% to £6,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, and the figures are unaudited. The sharp decline in equity and the negative net assets suggest the company is burning through cash and facing financial pressures. Trade debtors have also decreased significantly.

While the website appears active and well-stocked, the financial data paints a picture of a company struggling to maintain solvency. It’s possible the company is experiencing growing pains as it expands its online presence, but the substantial losses and dwindling cash reserves are a cause for concern.

Registered in England/Wales under the registration number 11544681, with a registered address at BA5 1FT, England, Wells, 93 Knight Road.

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