Eits Frankton Limited

Eits Frankton Limited, based in Maidenhead, UK, is a small, active company founded seven years ago. Holding £173,940 in assets and operating from a virtual address (shared with 137 other companies), it's a solo-run operation with one director and owner. The company primarily imports clothing and accessories, not knitted or crocheted, though activity has been irregular, with the last import occurring over four years ago. It operates in the other service activities n.e.c. industries.

The company’s website is currently under construction, displaying a simple message indicating ongoing work and requesting patience. This suggests a period of transition or a planned upgrade, but offers no insight into current operations.

Financially, Eits Frankton Limited presents a mixed picture. Cash reserves have increased by a modest 7.4% to £170,000, while current assets remain steady at £170,000. However, creditors have decreased by 7.8% to £44,000. The company’s net assets have increased by 10% to £130,000, and property, plant, and equipment have seen a significant jump of 94%, likely reflecting investment in fixed assets. Trade debtors, however, have fallen dramatically by 85%, which could be a positive sign of improved collection or a shift in sales strategy. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from simplified reporting, with unaudited financial statements prepared under the small companies regime. No auditor is mentioned, reflecting the company's exemption.

The company is clearly facing some challenges, but the increase in cash and net assets suggests it’s managing its finances reasonably well. The decrease in debtors is a positive sign, but the lack of employee numbers and the virtual address raise questions about its operational structure and long-term sustainability.

Registered in England/Wales under the registration number 11229371, with a registered address at SL6 4AA, England, Maidenhead, Berkshire, 11 Castle Hill.

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