East Coast Organics Ltd

East Coast Organics Ltd, based in East Lothian, UK, is a small, active company established nineteen years ago. Employing thirty-four people, it holds £461,259 in assets and operates from a real address in Pencaitland. With three directors and two owners, it boasts an impressive Google rating of 5.0 based on seventy-two reviews, reflecting a strong reputation. The company is a regular importer, specializing in edible vegetables and roots, with thirty-four months of import activity recorded.

The company’s website showcases a diverse range of offerings, from organic fruit and vegetables to meat, gifts, and wholesale options. It also includes a "Bearford Studio Visit" section, suggesting a connection to a local farm or producer. The site's layout emphasizes online ordering and community engagement, with links to Facebook and Instagram. While the primary focus appears to be retail sales via stalls and markets, the presence of a "Wholesale" section indicates a broader business model.

Financially, East Coast Organics Ltd presents a mixed picture. Current assets have decreased by 20% to £460,000, while net assets have fallen 5.1% to £1,300,000. Bank borrowings have increased by 2400%, reaching £29,000, and cash reserves have fallen 35% to £300,000. Trade debtors have increased by 130%, suggesting delayed customer payments, and creditors have decreased by 42%, indicating improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The decrease in cash reserves and increase in bank borrowings could indicate the company is investing in growth or facing increased operating costs. However, the decrease in creditors suggests they are managing their liabilities effectively. The company’s reliance on regular imports, combined with its strong online presence and positive customer reviews, suggests it’s well-positioned to continue serving its customer base, though careful financial management will be key to long-term success.

Registered in Scotland under the registration number SC297585, with a registered address at EH34 5BD, East Lothian, 24 Boggs Holdings, Pencaitland.

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