Eazygoods Ltd

Eazygoods Ltd from London UK: a small, active company founded 11 years ago, employs three people, and holds £544,739 in assets. Operating from a virtual address, the company is managed by one director and one owner, and runs an e-commerce site. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 91 months of import activity recorded, the latest in November 2024.

The company’s website, EazyGoods Ltd, offers a wide range of products, from appliances and garden supplies to personal care items and sports equipment. It caters to both retail and business customers, offering a “luxury premium business bags” section and highlighting its commitment to “EZ on Price, EZ to Buy, EZ to Use, EZ for Life.” The site boasts a newsletter signup offering 10% off the first order and emphasizes free UK delivery.

Financially, Eazygoods Ltd shows a mixed picture. Cash bank on hand increased significantly by 360%, reaching £57,000, while trade debtors decreased by 12%, falling to £150,000. Creditors, however, increased by 6.2%, reaching £540,000. Net assets improved, rising to £6,400, a considerable change from the previous year's negative position. Despite a decrease in net current assets, the company’s overall financial position seems to be stabilising. The company is a small entity, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and its accounts are unaudited, likely due to its small size.

The substantial increase in bank borrowings, however, suggests the company may be relying on debt to fund its operations. With no auditor mentioned, the financial figures are self-reported, and it's difficult to assess the long-term sustainability of the business.

Registered in England/Wales under the registration number 08589093, with a registered address at N17 6UR, England, London, 105 Bruce Grove.

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