Ekco (livingston) Ltd

Ekco Livingston Ltd from Dundee, UK, is a small, family business with an active status, established ten years ago. Employing nineteen people and holding £573,566 in assets, it operates from a virtual address – a detail worth noting as twenty-three companies share the same location. Two directors and two owners steer the company, which boasts a respectable Google rating of 4.0 based on forty reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of May 2022.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales strategy. Without a functional site, it’s unclear whether Ekco Livingston Ltd operates an e-commerce platform or relies solely on wholesale or offline sales channels.

Financially, Ekco Livingston Ltd's recent performance shows some concerning trends. Current assets have declined by 20% to £570,000, and net assets have also dropped by 20% to £330,000. Bank borrowings have decreased significantly by 22%, which is a positive sign. However, cash reserves have plummeted 100% to a mere £250 – a dramatic reduction. Trade debtors have also decreased by 8.4%, suggesting improved collection of payments. The company meets two of the three criteria to be classified as small, with a turnover less than £10.2 million, assets under £5.1 million, and fewer than fifty employees. No auditor is mentioned, which is common for small companies.

Overall, while Ekco Livingston Ltd remains active and holds a reasonable asset base, the sharp decline in cash reserves warrants attention. The company's irregular import activity and lack of a visible online presence suggest a potentially niche or specialized business model, but the financial data indicates a need for careful management to avoid burning through money.

Registered in Scotland under the registration number SC492845, with a registered address at DD3 6EW, Dundee, 40/42 Brantwood Avenue.

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