Editec Marketing Consulting Limited

Editec Marketing Consulting Ltd from London UK: a large company with an active status, founded 25 years ago, employs 39 people, and holds £42,454,043 in assets. It has a real address, two directors, one owner (a solo founder), and a respectable Google rating of 4.0 based on five reviews. The company is an irregular importer of none (just one month of imports recorded in 2018) but a regular exporter of aluminum and aluminum products (five months of exports recorded in 2018).

Editec is a leading force in lottery products and operations, primarily across Africa and the Middle East. The company provides innovative, high-quality solutions through a network of over 100,000 computerized points of sale. Its website highlights expertise in lottery systems, gaming services, and consultancy, catering to both players and state authorities. They even offer financial investment in projects, technical systems, and local support. The company’s operations span 17 markets, emphasizing transparency, reliability, and responsible gaming.

Financially, Editec’s recent performance shows some concerning trends. Current assets have decreased by 18%, dropping to £42,000,000. Staff costs have also fallen by 19%, reaching £3,000,000. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have fallen by 20%, sitting at £33,000,000. The company’s administrative expenses have increased dramatically by 74%, reaching £9,200,000. Despite these challenges, trade debtors have increased by 34%, suggesting improved customer payments. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) allows for some flexibility, but the decline in equity raises questions. The company’s financial statements were audited by Gravita II LLP, and the report was signed by Ian Hughes ACA.

Registered in England/Wales under the registration number 03796516, with a registered address at SE1 0LN, England, London, 195-205 Union Street Union Street, Embassy Tea House.

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