Easylife Limited

Easylife Ltd, based in Barnet, UK, is a medium-sized holding company active for two decades. Employing 66 people, the company holds £4,315,948 in assets and generates £23,956,346 in yearly revenue. It operates an e-commerce site and is a regular importer of plastics and plastic products (560 months) and a regular exporter of furniture, lighting, and prefabricated buildings (20 months). The company’s address is real, with only nine companies registered at the same location.

The company’s website showcases a vast range of products, from household goods and garden essentials to mobility aids and technology. It functions as a comprehensive online retailer, catering to a diverse customer base. The site’s layout is clear, with easy navigation and a focus on quick ordering and customer support. There’s a clear emphasis on value and convenience, with promotions and a wide selection of brands.

Financially, Easylife Ltd’s recent performance presents a mixed picture. Current assets decreased by 14%, dropping to £4,300,000, while net assets plummeted 55%, settling at £1,600,000. Bank borrowings surged by 200%, reaching £200,000, and cash reserves fell 11% to £420,000. Creditors decreased by 8.1%, suggesting improved debt management. The company’s size (meeting two of three criteria for a medium company) allows for flexibility, but the sharp equity drop raises concerns. Though no auditor is mentioned, the unaudited figures provide a snapshot of the company’s current state.

The decrease in assets and equity could be attributed to increased operating expenses, or perhaps a strategic investment in inventory or marketing. The increase in borrowings suggests a need for additional capital, potentially to support growth or cover short-term liabilities. Overall, Easylife Ltd appears to be navigating a period of transition, balancing its established e-commerce operations with the challenges of a fluctuating economic landscape.

Registered in England/Wales under the registration number 05221840, with a registered address at EN5 1QW, England, Barnet, 26 Station Road, New Barnet.

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