Egcg Ltd

Egcg Ltd from Ongar UK is a small, active company founded nine years ago in 2015. Employing nine people and holding £347,508 in assets, it operates from a real address and is overseen by two directors and a single owner. The company is an irregular importer, primarily dealing in prepared feathers, down, artificial flowers, and human hair products – with just one month of import activity recorded as of January 01, 2024.

The company's website reveals a diverse range of activities, centered around landscape service activities. Egcg Ltd operates under several brands: EGCG Corporate, EGCG EliGrass, Cabin Group, and E G CG EliGrass Cabin Group. It designs, manufactures, and installs artificial grass, timber buildings, and play equipment for schools, commercial clients, and domestic customers. A significant portion of its business involves bespoke timber building design and manufacture, with 95% of sales being bespoke. It also offers artificial grass solutions for various applications, including sports facilities like MUGA pitches. The company even has a recycling division, reflecting a commitment to sustainability.

Financially, Egcg Ltd presents a mixed picture. Current assets have decreased by 25% to £350,000, while net assets have fallen significantly by 44% to £110,000. Bank borrowings have also decreased by 12%, and cash reserves have fallen 32%. However, trade debtors have increased by 60%, suggesting a potential issue with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems Egcg Ltd is navigating a period of change, with a focus on specialized services and bespoke products. Whether it can maintain its diverse operations and address the financial pressures remains to be seen.

Registered in England/Wales under the registration number 09641438, with a registered address at CM5 9RG, England, Ongar, Hallsford House, Ongar Road.

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