Eddico Ltd

Eddico Ltd from London UK: small company, active status, founded 2 years ago, 1 employee, £5,782 assets, virtual address, 1 director, 1 owner, google rating 5.0 based on 1 reviews. It’s a relatively new player in the removals and furniture services sector, operating from a virtual address in Covent Garden. The company, led by a single director and owner, has garnered a perfect 5.0 Google rating based on one review, suggesting a positive initial customer experience. Eddico Ltd's operations encompass a wide range of services, from motorbike and car removals to house and office moves, catering to both individual and business clients.

The company’s website highlights a focus on providing a platform for connecting customers with transport partners, emphasizing cost savings with a promise of up to 40% discounts. It’s a marketplace model, facilitating the booking of furniture pickups, deliveries, and various removal services. The site lists numerous requests for quotes, spanning a wide geographic area, from London to Switzerland, indicating a growing demand for its services. They are clearly trying to be an aggregator for the removals market.

Financially, Eddico Ltd presents a mixed picture. While net assets increased by 74% to £1,400, current assets have decreased by 37% to £5,800. Cash reserves have plummeted 97% to just £4, indicating a potential cash flow challenge. Creditors have also decreased by 37%, which is good, but the sharp decline in cash and the increase in bank borrowings (though not quantified) suggest Eddico Ltd may be burning through money. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the lack of employees (just one reported) and the reliance on transport partners raise questions about scalability. The accounts are unaudited and exempt, so the figures are self-reported.

Registered in England/Wales under the registration number 14323345, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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