Ecocoast Ltd

Ecocoast Ltd, based in London, UK, is a small, active company established 26 years ago in 1998. Despite having two directors and two owners, it operates with just one employee and utilizes a virtual address, a fact that's a little odd considering it's been around for so long. The company regularly imports ships, boats, and floating structures—a trend seen over the last three months—and exports iron or steel products, a pattern sustained for a remarkable 115 months.

The company’s website paints a picture of a specialist in marine barrier and waterway protection. It's not a typical e-commerce site with shopping carts and product listings. Instead, it functions as a detailed brochure showcasing a wide range of solutions, from silt curtains and debris booms to mooring buoys and security barriers. The site emphasizes engineering expertise, custom design, and global reach, catering to authorities, consultants, and various industries. It’s clear that Ecocoast Ltd operates as a business-to-business (B2B) provider, focusing on project-based sales rather than individual consumer transactions.

Financially, Ecocoast Ltd presents a mixed bag. Accrued liabilities and deferred income have surged, nearly tripling to £330,000, while cash bank on hand has doubled to £720,000—a positive sign of increased liquidity. However, trade creditors have ballooned by a staggering 300%, reaching £230,000, suggesting potential challenges in managing supplier payments. Debtors have also increased significantly, by 110%, to £380,000, which could indicate difficulties in collecting payments from customers. Net assets have increased by 20%, reaching £250,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in liabilities warrants closer attention. There’s no auditor mentioned, likely due to its status as a small company, so the figures are unaudited.

Overall, Ecocoast Ltd appears to be a specialized provider in a niche market, experiencing growth but also facing financial pressures. The increase in liabilities could be a result of expanding operations or securing larger contracts, but careful management will be crucial to ensure long-term stability.

Registered in England/Wales under the registration number 03640162, with a registered address at W1W 7LT, United Kingdom, London, 85 Great Portland Street, First Floor.

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