Eco Filters Limited

Eco Filters Limited, based in Nottingham, UK, is a holding company with a solid 31-year history and an active trading status. Employing 49 people, the company boasts assets totaling £2,781,566. With six directors and two owners (Hutchinson Deborah and Mcgowan Lorraine Katherine), it operates a real address and maintains an e-commerce site, earning a perfect 5.0 Google rating from two reviews. The company regularly imports man-made filaments and related materials (for 31 months) and exports treated or layered fabrics for industrial use (for 51 months).

Beyond its core business, Eco Filters Limited owns Allton Warping Limited. It also appears to be involved in the preparation and spinning of textile fibres, and other specialised construction activities. The company's website details its expertise in these areas, highlighting its commitment to quality and innovation.

Financially, Eco Filters Limited presents a mixed picture. While cash and cash equivalents increased by a substantial 200% to £1,100,000, net assets declined by 16% to £1,300,000. Bank borrowings surged by 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting improved debt management. The company’s turnover is not mentioned, but it’s likely to be in the lower range for medium-sized companies. No auditor is mentioned, which is common for companies of this size.

The increase in bank borrowings and decrease in cash reserves, despite the rise in cash and cash equivalents, could indicate investments in growth or working capital needs. The company’s directors appear to be actively managing the business, as evidenced by the recent change in ownership five months ago. It is likely that the company is facing some challenges, but its strong Google rating and established trading history suggest it has the potential to overcome them.

Registered in England/Wales under the registration number 02871295, with a registered address at NG7 3EN, Nottingham, 33a St Peters Street, Radford.

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