Edward Leonard Conroy Limited

Edward Leonard Conroy Ltd from Southend-On-Sea UK is a small company with an active status, founded 10 years ago. It employs seven people and holds £772,871 in assets. The company has a real address, one director, and one owner, and operates an e-commerce site. It’s a fairly typical small business, meeting two of the three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Edward Leonard Conroy, is a fully-fledged online retailer, selling a wide range of food, grocery, health, beauty, baby, pet supplies, DIY, toys, and games. It’s clearly aimed at consumers looking for convenience and variety, with free standard delivery for orders over £20 and clearance sections offering discounted items. The site has a professional design, easy-to-navigate categories, and multiple payment options, including Apple Pay, Google Pay, and PayPal. It also has a LinkedIn page and a Twitter account.

Financially, Edward Leonard Conroy Ltd presents a mixed picture. Cash reserves dropped significantly by 26% to £140,000, while current assets increased by 22% to £770,000. Trade debtors jumped by a massive 100% to £31,000, suggesting potential issues with customer payments or an expansion of credit terms. Creditors, however, decreased by 3.1% to £500,000, indicating improved debt management. Equity surged by 130% to £280,000, which is a positive sign. Bank borrowings were reduced by 46%, down to £3,500. Despite these changes, the company’s small size and the lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

Overall, Edward Leonard Conroy Ltd appears to be a solid, if somewhat volatile, small business. The growth in assets and current assets is encouraging, but the increase in trade debtors and the decrease in cash reserves warrant attention. The company’s e-commerce focus and wide product range suggest a commitment to online retail, but its financial health will depend on managing its debtors and maintaining a healthy cash flow.

Registered in England/Wales under the registration number 09315341, with a registered address at SS2 6RH, England, Southend-On-Sea, 27/28 Laurence Industrial Estate, Eastwoodbury Lane.

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