Edgmond Group Limited

Edgmond Group Limited, based in Newport, UK, is a small, family-run business with an active status, celebrating 25 years since its founding. With just four employees and £1,347,891 in assets, it’s a modest operation led by a solo founder and overseen by four directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances – parts, with the last import operation occurring four months ago in March 2022.

The company’s website reveals a diverse range of activities beyond its import business. It operates Biro Cars, selling electric urban transport vehicles, a classic car sales and brokerage service, a secure vehicle storage facility called Vault 1, and offers industrial training, property rentals, and consultancy services. The website highlights the Estrima range of Biro electric vehicles, a focus on classic car restoration and brokerage, and a growing presence in the industrial equipment market. It’s a lot to manage!

Financially, Edgmond Group Limited presents a mixed picture. Current assets have decreased by 20% to £1.3 million, while net assets have fallen by 17% to £1.6 million. Cash bank on hand has also seen a 20% drop to £1.1 million. However, creditors have increased significantly by 87%, and trade debtors have plummeted by 76%, which could be a sign of issues with customer payments. The company’s small size—meeting two of three criteria for a small business—allows for flexibility, but the decrease in equity warrants closer attention. The company’s auditor is not mentioned, which is likely due to its status as a small company.

Overall, Edgmond Group Limited seems to be navigating a period of change, with a diversified portfolio of businesses and fluctuating financial performance. Whether the various ventures can sustain the company’s growth remains to be seen.

Registered in England/Wales under the registration number 03888799, with a registered address at TF10 8LB, United Kingdom, Newport, Shropshire, The Old School School Road, Edgmond.

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