Eco Daily Supplies Ltd

Eco Daily Supplies Ltd, based in Blackburn, UK, is a small, active company established five years ago. With a single employee and £26,245 in assets, it operates as an e-commerce site and holds a respectable Google rating of 4.0 from 14 reviews. The business, led by a director and owner, Rashid Aqib, focuses on retail sales via mail order and the internet, alongside offering business support services.

The company's website showcases a wide range of products, from packaging supplies like bubble cushioning and carton sealing tapes to cleaning supplies and medical safety equipment. It’s clear that Eco Daily Supplies Ltd caters to a broad customer base, offering both bulk and individual items. The site's design is clean and functional, with clear categories and product listings—making it easy for customers to find what they need.

Financially, Eco Daily Supplies Ltd presents a mixed picture. While cash reserves increased by a healthy 89% to £21,000, net assets declined significantly, dropping 37% to -£24,000. Bank borrowings increased by 3.3% to £6,000, and creditors jumped 63% to £39,000—a considerable rise. Trade debtors decreased by 63%, which could indicate improved collections or a shift in payment terms. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity is concerning. The company is exempt from an audit, so the financial data is unaudited.

The business seems to be burning through cash, with losses increasing, but the growing cash reserves suggest a recent influx of funds or improved cost management. It's possible the company is investing in growth, but the rising debt levels warrant close monitoring. The business is doing well with its customers, but needs to keep an eye on its finances.

Registered in England/Wales under the registration number 12063142, with a registered address at BB1 5QF, England, Blackburn, Unit Br-16 Ik Business Park, Blakewater Road.

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