E.g.l. Homecare Limited

Egl Homecare Ltd from Essex UK: a large company, active status, founded 46 years ago, employing 245 people, and holding assets of £9,043,190. It has a real address, six directors, and no owners reported – likely one of the directors. With a Google rating of 4.0 based on eight reviews, the company regularly imports and exports various textile products, sets, used clothing, and rags, with 352 months of import activity and 60 months of export activity.

The company operates in the other manufacturing n.e.c. industries and has a long history, having been incorporated on February 21, 2019. Its registered address is SS3 9FL, Essex, Campfield Road, Shoeburyness, and it’s likely a real address as only two companies registered at the address.

Financially, Egl Homecare Ltd shows some concerning trends. Accrued liabilities decreased by 26.0% to £710,000, while accumulated depreciation and impairment of property, plant, and equipment fell significantly. Administrative expenses increased by 10.0% to £6,000,000, and bank borrowings surged by 64.0% to £1,600,000. Average employees decreased by 8.2% to 220. Cash bank on hand declined by 32.0% to £100,000.

Despite these challenges, the company’s current assets remain substantial at £9,000,000, although down 11.0% from the previous year. Debtors decreased by 17.0% to £5,200,000. The company is considered large, meeting two of three criteria: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250.

The financial report, audited by Taylor Viney & Marlow Limited, doesn't mention a specific auditor, which is common for companies of this size. The company’s financial statements were prepared in accordance with FRS 102. It’s worth noting that the company’s previous name was Empress Garland Limited.

Registered in England/Wales under the registration number 01416097, with a registered address at SS3 9FL, Essex, Campfield Road, Shoeburyness.

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