Edcan Ltd

Edcan Ltd is a small, active company based in London, UK, founded eight years ago in 2016. The company holds £329,285 in assets and operates from a virtual address, a common situation for smaller businesses. It’s run by one director and one owner, and boasts an e-commerce site. Edcan Ltd regularly imports furniture, lighting, and prefabricated buildings – 14 months of import activity were recorded, with the latest in December 2024.

The company's website, EDCAN, showcases a curated selection of products under the brands "Martian Made" and "Kingswood Green." It focuses on home goods like pillows, lighting, and even gardening tools, emphasizing quirky designs and sustainable practices. The website's focus is on creating joy in simple things and saving the planet from plastic waste.

Financially, Edcan Ltd presents a mixed picture. Current assets have decreased by 12% to £330,000, while net assets have plummeted 85% to -£140,000 – a significant drop. Bank borrowings have increased by a staggering 240%, reaching £190,000, and cash reserves have fallen 77% to just £27,000. Creditors have also increased by 27%, and trade debtors have risen by 12%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a formal audit, so the numbers are unaudited.

The sharp decline in equity suggests the company may be burning through cash, although the increased bank borrowings could be funding growth or covering short-term expenses. The company’s focus on e-commerce and niche products, however, could be a strength, allowing it to reach a wider audience and differentiate itself from larger competitors.

Registered in England/Wales under the registration number 10158141, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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