Eco-fx Limited

Eco Fx Ltd, a small company based in Sheffield, UK, has been active for thirteen years. Founded in 2011 by a solo entrepreneur, Gibb Jonathan Peter, the business employs just one person and holds £79,768 in assets. It operates from a real address shared by two other companies, and is overseen by a single director and owner. While it has imported goods for eight months, its top import category is listed as “None.”

The company’s website is currently unavailable, making it difficult to ascertain its precise operations. However, it’s known to operate within the wholesale of furniture, carpets, and lighting equipment industries. The company is considered small, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

A review of the company’s financial data reveals a mixed picture. Accumulated depreciation has increased slightly, and bank borrowings have decreased significantly, which is a good sign. However, cash bank on hand has also fallen by nearly 20%, and creditors have risen sharply, suggesting a potential strain on short-term finances. Equity has plummeted by 91%, a dramatic shift that warrants further investigation. The company’s net assets have also declined considerably. Despite these challenges, trade debtors have increased, indicating a possible expansion of credit terms or delayed payments from customers. The lack of an auditor, common for small companies, means these figures are unaudited.

Overall, Eco Fx Ltd appears to be navigating a period of change. While its small size provides agility, the decline in equity and cash reserves suggests a need for careful financial management. The company’s future hinges on its ability to maintain customer relationships and manage its debts effectively.

Registered in England/Wales under the registration number 07803573, with a registered address at S11 8YZ, Sheffield, South Yorkshire, C/O Sutton Mcgrath Ltd 5 Westbrook Court, Sharrowvale Road.

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