Easy Decking Wholesalers Ltd

Easy Decking Wholesalers Ltd, based in Crewe, UK, is a small, active company founded four years ago. With just one employee and £822 in assets, it's a solo venture led by a single director and owner. The company boasts a respectable Google rating of 4.0 based on four reviews, and operates from a real address with only two other companies registered there. It's an irregular importer, having brought in iron or steel products for just two months, with the last import occurring in May 2022.

The company’s website, Easy Decking Wholesalers, focuses on supplying plastic composite decking products, offering a range of fencing, decking, and corner trims. It features an area calculator and a quote request form, suggesting a direct-to-consumer sales model. The site highlights a 15-year warranty and emphasizes quality, with a slider showcasing products and a blog detailing the composition of the decking materials – a mix of wood fiber, plastic, and additives. The site also has a form to subscribe to their newsletter.

Financially, Easy Decking Wholesalers Ltd presents a concerning picture. Current assets have plummeted by a staggering 83%, falling to just £820. Net assets have also taken a severe hit, dropping 160% to -£2,200. Creditors have surged by 120%, reaching £3,000, while bank cash has decreased by 10% to £820. Trade debtors remain stable at £4,000. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the sharp decline in equity and the growing debt load are worrying signs. No auditor is mentioned, and the accounts are unaudited.

While the company's website projects a professional image and focuses on quality decking products, the financial data suggests it's burning through money. The significant drop in assets and the increase in liabilities indicate a potential struggle to maintain profitability, and it's unclear if the business can sustain its current operations.

Registered in England/Wales under the registration number 13151613, with a registered address at CW2 8LW, England, Crewe, 15 Rockwood Close.

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