Ebero Pipe Systems Limited

Ebero Pipe Systems Ltd, based in Chesterfield, UK, is a small, active company founded nineteen years ago in 2006. With just three employees and £612,390 in assets, it’s a solo-founded operation run by one director and owner. The company operates as an agent specializing in the sale of other particular products industries. It’s a regular importer of machinery, boilers, and mechanical appliances; parts, with 9 months of import activity recorded, the latest in October 2023. The address is probably real as only one company registered at the same address.

The company's website is not available, so it's difficult to determine if it operates an e-commerce site. However, its business model appears to focus on acting as an agent for other manufacturers, likely sourcing and distributing specialized products.

Financially, Ebero Pipe Systems Ltd shows some concerning trends. Current assets have fallen by a significant 59%, dropping to £610,000, while net assets have plummeted 38% to £160,000. Bank borrowings have increased by a staggering 370%, reaching £73,000, and cash reserves have been wiped out, falling 96% to just £4,900. Creditors have also decreased by 35%, suggesting better debt management, but the sharp decline in cash and assets is a worrying sign. The company meets two of the three conditions for being a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s rapid decline in cash reserves and assets suggests it might be burning through money, perhaps due to increased borrowing or decreased sales. The lack of information about its website and specific products makes it difficult to assess the underlying causes. It’s likely that the company is facing challenges in its market, but without more details, it’s impossible to say for sure.

Registered in England/Wales under the registration number 05727055, with a registered address at S41 9QB, England, Chesterfield, Units 1 & 2 Carrwood Road, Chesterfield Trading Estate.

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