Easy Goods Ltd

Easy Goods Ltd, based in Stoke-on-Trent, UK, is a small, active company founded eleven years ago. With a single employee and £10,112 in assets, it operates from a real address and is managed by one director and owner. The company is an irregular importer, primarily dealing in plastics and plastic products, with just one month of import activity recorded back in 2017.

The company’s website showcases a diverse online store, selling everything from health and beauty products to sports equipment, office supplies, and baby items. It emphasizes low prices and offers free UK shipping on many items. The site is structured around categories like "Baby Products," "Health Beauty," and "Office Supplies," with a focus on products under £2.99. It’s clear the company is trying to attract budget-conscious shoppers with a wide selection and promotional offers.

Financially, Easy Goods Ltd presents a mixed picture. While current assets increased by 37% to £10,000, net assets still remain negative at -£6,000, a slight improvement from the previous year. Bank borrowings increased significantly, reaching £4,100, and cash reserves dropped to £1,200. Creditors also rose considerably, up 270% to £16,000, which could indicate challenges in managing short-term liabilities. The company meets the criteria for being a small business, with turnover likely under £10.2 million, assets under £5.1 million, and just one employee. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Easy Goods Ltd appears to be a small-scale operation navigating the challenges of online retail. While the website suggests a focus on low-cost products and wide selection, the financial data indicates some pressure on cash flow and profitability. It's a little concerning, but the company’s agility as a small business might help it weather these challenges.

Registered in England/Wales under the registration number 08810646, with a registered address at ST6 2AW, England, Stoke-On-Trent, Unit 4 Hobson Street.

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