Eco Answers Limited

Eco Answers Limited, based in Colchester, UK, is a small, active company established fifteen years ago in 2010. It employs just two people and holds assets valued at £1,298,022. With three directors and three owners listed, the company operates from a real address and regularly exports iron and steel—four months of export activity were recorded, with the last operation taking place in August 2024. The company functions as an agent involved in the sale of timber and building materials, a variety of goods, and retail via mail order houses or the internet.

The company’s website is minimal, offering little insight beyond its core business. It appears to be primarily an e-commerce operation, likely selling building materials and related products online, but there's no detailed product catalog or blog content. It’s a straightforward online store, not a complex marketplace or service platform.

Financially, Eco Answers Limited presents a mixed picture. Cash bank on hand has decreased by 35%, falling to £260,000, while creditors have risen significantly by 56%, reaching £600,000. Current assets have also dipped slightly, down 1.8% to £980,000. However, trade debtors have increased by 9.9%, rising to £570,000. Equity has taken a substantial hit, dropping 41% to £380,000. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the decline in equity and cash reserves warrants attention. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, and the figures are unaudited.

Overall, Eco Answers Limited seems to be navigating a period of change. While its export activity and online presence suggest ongoing business, the financial data reveals a tightening of resources. It’s a small company facing the challenges of maintaining profitability and managing debt—something that's not unusual for businesses in a competitive market.

Registered in England/Wales under the registration number 07127127, with a registered address at C05 8LS, United Kingdom, Colchester, Eco Answers Limited, 82 Coast Road.

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