Eden Lotus Ltd

Eden Lotus Ltd from Cardiff UK: a small, active company founded four years ago, employs just one person, and holds assets worth £816,934. It’s a solo founder operation, managed by a single director and owner, Abiodun Olumuyiwa Oluwole. The company has a real address and regularly imports electrical machinery and equipment, with four months of import activity recorded, the last operation in July 2022.

Eden Lotus Ltd operates in the manufacture of batteries and accumulators, and other electrical equipment industries. Its website is currently unavailable, so it’s unclear if it’s an e-commerce business or primarily operates through other channels. The lack of a website suggests a business-to-business model, perhaps supplying components to larger manufacturers.

Financially, Eden Lotus Ltd shows a mixed picture. Cash reserves have dramatically increased by 3,900%, reaching £170,000, a very positive sign. However, creditors have also risen by 16%, now standing at £710,000. Trade debtors have decreased by 17%, falling to £460,000, which could indicate improved collection efforts. Equity has doubled to £100,000, a good sign of retained earnings, but bank overdrafts remain at a modest £200. The company meets two of three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited and exempt, so the figures are director-reported.

Overall, Eden Lotus Ltd appears to be financially healthy, with a significant increase in cash reserves. The rise in creditors suggests it’s expanding its operations, perhaps investing in inventory or equipment. The decrease in debtors is a positive sign of financial discipline. The company’s solo founder structure and small size allow for agility, but the reliance on a single individual could present a risk.

Registered in England/Wales under the registration number 13401329, with a registered address at CF24 5BS, Wales, Cardiff, Titan House Cardiff Bay Business Center, Ocean Park, Lewis Road.

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