Ecoshrink Ltd

Ecoshrink Ltd from Poole UK is a small, active company founded ten years ago. With five employees and £111,025 in assets, it operates from a virtual address—a fact highlighted by the presence of 472 other companies registered at the same location. The company is led by one director, and surprisingly, no owners are officially listed. It’s an irregular importer, bringing in plastics and plastic products, with its last import operation recorded a year ago in June 2023.

The company’s website showcases a specialized business: providing shrink wrap solutions for construction, modular buildings, and industrial projects. It offers both products and installation services, emphasizing weatherproofing, site safety, and long-term durability. The website details a range of applications, from scaffolding encapsulation to protective wrapping for prefabricated units, and even features a calculator for estimating shrink wrap needs. It’s clear Ecoshrink is targeting a specific niche within the construction and industrial sectors.

Financially, Ecoshrink Ltd presents a mixed picture. While cash reserves increased by a significant 89%, rising to £52,000, other key metrics show concerning trends. Average number of employees decreased by 40%, dropping to just three, and other debtors plummeted by 55%, indicating a potential issue with collecting payments. Bank borrowings increased by 7.5%, and creditors also rose by 33%. The company’s small size—meeting two of three conditions for a small company—helps with agility, but the decline in employee numbers and the increase in debt are points to watch. The accounts are unaudited, which is common for small companies. It seems like the business is facing some challenges, but its specialized services and focus on quality could help it weather the storm.

Registered in England/Wales under the registration number 09462414, with a registered address at BH16 6FA, United Kingdom, Poole, Dorset, Lytchett House 13 Freeland Park, Wareham Road.

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