Edg Group Limited

Edg Group Ltd, based in Witham, UK, is a sizable family business with an active status, having operated for 26 years. Employing 51 people, the company boasts assets of £2.4 million and generates an annual revenue of £12.1 million. While it has four directors and two owners, the registered address is a virtual one, with 25 other companies registered at the same location. The company is a regular exporter of electrical machinery and equipment, having exported for 18 months, with the last export operation occurring in May 2023. It holds a respectable Google rating of 4.0 based on 18 reviews.

The company’s website paints a picture of a logistics and facilities management provider. Edg Group offers solutions ranging from logistics and supply chain management to facilities maintenance and operational excellence. It highlights its commitment to reducing carbon footprints, boasting a modern fleet of over 150 vehicles. The site actively promotes a "no obligation review" of business challenges and features testimonials from its chairman, Darren Edghill. It also has a FAQ section and news updates.

Financially, Edg Group Ltd presents a mixed picture. While turnover remained relatively stable at £12 million, net assets declined by 13% to £1.1 million. Bank borrowings increased by 600% to £370,000, a significant jump that suggests increased reliance on debt financing. Creditors also rose by 100% to £1.4 million, indicating a build-up of short-term liabilities. However, cash reserves increased by 57% to £440,000, which is a positive sign. The company's average number of employees increased by 37% to 70, which could be a result of increased business activity. The company is considered large, having met two of the three conditions for size: turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The company's auditor is Barrons Limited.

Registered in England/Wales under the registration number 03669641, with a registered address at CM8 1AA, England, Witham, 67 Newland Street.

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