Ebar Initiatives Ltd

Ebar Initiatives Ltd from Aberdeen, UK, is a small, active company founded eight years ago in 2016. With nine employees and £665,033 in assets, it operates from a virtual address, a point to note, and is managed by four directors, although there are no reported owners. The company boasts a stellar 5.0 Google rating based on three reviews. It's an irregular importer, primarily dealing with miscellaneous metal items, with the last import operation recorded two months ago in September 2024.

The company’s activities span several industries, including the manufacture of machinery for food, beverage, and tobacco processing, retail sales via stalls and markets, and event catering. It even owns a related company, Ebar Initiatives Ebt Ltd. While its website is minimal, it suggests a focus on event technology services.

Financially, Ebar Initiatives Ltd presents a mixed picture. While current assets increased by 11% to £670,000, net assets decreased by 24% to £1.1 million. Bank borrowings have increased significantly by 2,400%, reaching £29,000, and cash reserves have fallen by 30% to £630,000. Creditors decreased by 44% suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a concern. The lack of an auditor is typical for a small company, and the figures are unaudited. The company's increased reliance on investors to fund its asset expansion and brand awareness is also noted.

Registered in Scotland under the registration number SC543722, with a registered address at AB10 1DQ, Scotland, Aberdeen, 2 Marischal Square, Broad Street.

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