Ecobags Ltd

EcoBags Ltd, based in Plymouth, UK, is a small, active company founded 20 years ago. With just two employees and £50,865 in assets, it operates from a virtual address – a point of interest as 32 companies are registered at the same location. The business is led by three directors and owned by two individuals, and boasts a perfect 5.0 Google rating from two reviews. It’s a regular importer, specializing in leather goods, travel bags, and animal harnesses, with 13 months of import activity recorded, the last in December 2024.

EcoBags Ltd’s website highlights its focus on environmentally friendly products and customisation services. The company offers a range of jute, cooler, and cotton canvas bags, catering to businesses seeking branded promotional items. It emphasizes its ability to print custom designs, offering full-colour coverage and bespoke options. The website also features testimonials from satisfied customers, like Darts Farm, who have been using EcoBags' services since 2004. The site promotes its social media presence, encouraging engagement and showcasing its products through images and videos.

Financially, EcoBags Ltd presents a mixed picture. Cash bank on hand increased by a substantial 46%, reaching £17,000, which is a positive sign. However, net current assets liabilities dropped significantly by 35%, settling at £12,000. Trade debtors also decreased by 15%, while creditors rose by 19%, suggesting a need to manage payment cycles. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the fluctuating liabilities warrant attention. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, EcoBags Ltd appears to be navigating a competitive market, leveraging its reputation for quality and customisation. While the financial data suggests some challenges, the company’s strong Google rating and customer testimonials indicate a solid foundation for continued success.

Registered in England/Wales under the registration number 05147197, with a registered address at PL6 8LT, Plymouth, Devon, Plym House 3 Longbridge Road, Marsh Mills.

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