Easyuk International Limited

Easyuk International Ltd from Manchester UK: a small, active company founded 17 years ago, employs just one person, and holds £5,940 in assets. It has a real address, is run by a single director and owner, and currently has a Google rating of 2.0 based on a single review. The company is an irregular exporter of soaps, cleaning products, and waxes, with only one month of export activity recorded as of September 2019.

The company operates in several sectors, including non-specialised wholesale trade, retail sale via mail order houses or via internet, and other business support service activities. While a website isn’t available to analyze, it’s likely they’re focused on B2B sales rather than direct-to-consumer e-commerce.

Financially, Easyuk International Ltd presents a mixed picture. Current assets have fallen by 31%, dropping to £5,900, while net assets have also declined, reaching -£140,000. Bank borrowings have decreased by 23%, settling at £30,000, and cash reserves are down 28% to £3,100. Creditors have increased by 17%, reaching £140,000, and trade debtors have fallen significantly by 83%, now at only £300. 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 agile, but the substantial equity decline is concerning. No auditor is mentioned, so the figures are unaudited.

It's clear that Easyuk International Ltd is facing some financial headwinds. The significant losses and reliance on bank borrowings suggest it's burning through money. The decrease in debtors is a good sign, but the overall picture indicates a company needing to carefully manage its expenses and secure new revenue streams.

Registered in England/Wales under the registration number 06478230, with a registered address at M16 9HA, Manchester, 433 Chester Road, Old Trafford.

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