E.c.i (europe) Limited

Eci Europe Ltd from Ilkeston UK: a small, active company founded 16 years ago, employs three people, and holds £26,098 in assets. It has a real address, two directors, and one owner. The company is an irregular importer of iron or steel products, with just one month of imports recorded back in 2016.

The business operates in the manufacture of wire products, chain, and springs industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company's website is not available.

Financially, Eci Europe Ltd presents a mixed picture. Accumulated depreciation impairment for property, plant, and equipment has seen a dramatic decline, with furniture fittings dropping by 100% and motor vehicles disappearing entirely. Bank borrowings have increased significantly, jumping to £23,000, while cash reserves have fallen by 69% to £25,000. Current assets have plummeted by 88%, leaving just £26,000, and trade debtors have shrunk to a mere £1,000. Equity has also taken a hit, dropping 230% to -£59,000.

Despite these challenges, creditors have decreased by 14%, suggesting improved debt management. The company’s small size helps it remain agile, but the significant drop in equity and current assets raises concerns. The company has not been audited. It seems the business is facing some financial pressures, though it’s difficult to say if this is a temporary setback or a longer-term trend.

Registered in England/Wales under the registration number 06629761, with a registered address at DE7 4PT, Ilkeston, Derbyshire, Unit One Ladywood Farm Ladywood Road, Dale Abbey.

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