Ecco Finishing Supplies Limited

Ecco Finishing Supplies Ltd, based in Middlesbrough, UK, is a small, active company established 29 years ago. With 15 employees and £1,677,379 in assets, it’s a well-established player in its sector. The company has five directors and a single owner, Miller Keith, who seems to be at the helm. It operates from a real address, Unit 6, Letitia Industrial Estate, and has been importing machinery, boilers, and mechanical appliances parts for 78 months, and exporting them for an impressive 169 months.

The company's website reveals a focus on surface preparation and coating equipment, offering a catalogue of products including axial fans, pressure pots, and respiratory masks. It also has a blog announcing distributor agreements and restructuring efforts in the Middle East, indicating a desire to expand its reach. The site suggests a B2B model, catering to industrial clients rather than direct consumers. There's a clear emphasis on technical expertise and product quality, with a focus on serving a niche market.

Financially, Ecco Finishing Supplies Ltd shows a mixed picture. Accumulated depreciation on plant machinery increased by 8.1%, and vehicles by 11.0%, suggesting ongoing investment in equipment. However, bank borrowings increased by 35%, while cash reserves saw a significant boost, jumping 250% to £190,000. Creditors also rose by 12%, and trade debtors increased by 4.9%. Despite these changes, net assets grew by 2.9% to £790,000. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the increase in bank borrowings could be a cause for concern. There’s no auditor mentioned, which is common for small, exempt companies.

Overall, Ecco Finishing Supplies Ltd appears to be a stable, albeit slightly stretched, business. Its long history of importing and exporting suggests a solid foundation, but the financial data indicates a need to carefully manage debt and maintain strong cash flow. The company's focus on specialized equipment and its expanding international presence could be key to its future success.

Registered in England/Wales under the registration number 03112795, with a registered address at TS5 4BE, Middlesbrough, Cleveland, Unit 6, Letitia Industrial Estate.

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