Ecosmart Fuels Limited

Ecosmart Fuels Limited, based in Matlock, UK, is a small, active company founded nine years ago in 2016. With four employees and a real registered address, it's a solo-founded operation managed by three directors and a single owner. The company holds a Google rating of 3.0 based on ten reviews. It’s an irregular importer, primarily dealing in wood and wood products, with just two months of import activity recorded as of December 1, 2023.

The company operates in the other retail sale not in stores, stalls or markets industries. While a website isn't available, it's likely the business focuses on direct sales, potentially through a local presence or online channels. It's hard to know exactly what they're doing without a website to analyse.

Financially, Ecosmart Fuels Limited presents a mixed picture. Cash reserves fell by 24% to £36,000, while creditors increased by 22% to £310,000. Trade debtors rose by 11% to £61,000, suggesting a possible need to manage cash flow. Equity, however, took a significant hit, dropping 69% to £22,000. Property, plant, and equipment increased by 28% to £21,000, which could indicate investment in the business. The company meets two of three conditions to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Ecosmart Fuels Limited seems to be navigating a challenging financial landscape. The decrease in equity and cash reserves, coupled with rising creditors, suggests potential pressures. However, the increase in property, plant, and equipment could signal a commitment to long-term growth.

Registered in England/Wales under the registration number 10161757, with a registered address at DE4 5RA, England, Matlock, Holly Grange Farm Lea Moor Road, Lea.

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