Edmonds & Turner Ltd

Edmonds & Turner Ltd from Hornchurch UK is a small, active company founded 21 years ago. It employs just two people and holds £66,399 in assets, operating from a virtual address shared by many other businesses. With three directors and two owners, it's a family business focused on retail sales via mail order and the internet.

The company’s website highlights a retail operation specializing in mail order and internet sales. While no detailed e-commerce breakdown is available, the site suggests a focus on consumer goods. The business operates in the retail sale via mail order houses or via internet industries.

Financially, Edmonds & Turner Ltd presents a mixed picture. Current assets have decreased by 14% to £66,000, while equity has fallen sharply by 50% to just £2,900. Cash reserves have also declined by 30% to £46,000. Creditors have decreased by 11%, suggesting improved debt management, but the significant drop in equity is concerning. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s decline in equity, despite a decrease in creditors, suggests it may be burning through cash reserves to cover losses. It’s possible the company is facing increased competition or changing consumer preferences. The lack of employee growth, despite operating in a growing online retail sector, is also a point to consider. The company’s family ownership structure could be both a strength (stability, shared values) and a weakness (potential for disagreements, limited access to external expertise).

Registered in England/Wales under the registration number 04942964, with a registered address at RM11 1SR, England, Hornchurch, 88 North Street.

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