Eden Branch Limited

Eden Branch Limited, based in Glasgow, UK, is a small, active company founded five years ago in 2019. It’s a solo founder operation with two employees and £3,242 in assets. The company has one director and one owner, Mirza Asim, who also serves as a director. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not fully detailed, suggests a focus on online retail. It’s likely an e-commerce business, though specifics are lacking. It’s difficult to determine the exact nature of its products or services without further investigation.

Financially, Eden Branch Limited presents a concerning picture. Cash bank on hand has plummeted a staggering 90%, falling from £33,000 to a mere £3,200. Current assets have also experienced a dramatic drop, decreasing by 93% to £3,200. Equity has suffered a significant blow, with a 580% decline to -£7,200. Liabilities have also increased, with accrued liabilities rising 66%. While creditors have decreased by 78%, this isn’s enough to offset the other negative trends. 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 agile, but the steep decline in equity and cash reserves is worrying. With no auditor mentioned, the figures are unaudited. It’s possible the company is burning through cash at an unsustainable rate, or perhaps it has made significant investments that haven’s yet yielded returns. The decrease in average employees reported during the period, from two to one, also suggests a possible reduction in operational capacity.

Registered in Scotland under the registration number SC639171, with a registered address at G3 8BW, United Kingdom, Glasgow, 73 Hydepark Street.

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