Ellcod Ltd

Ellcod Promotional Services, based in Watford, UK, is a small, active company founded twelve years ago in 2012. With three employees and a virtual address shared by 309 other companies, it’s a solo-founded operation run by a single director and owner, Garnelas David. The company’s core business revolves around promotional merchandise and printing services, operating as a “one-stop shop” for businesses seeking branded apparel, corporate gifts, and event merchandise. Its website showcases a wide range of products, from wristbands to bespoke UK-manufactured items, catering to diverse needs. It’s an irregular importer, with its top import category being Clothing and accessories made by knitting or crocheting, totaling 1 months of imports. The last import operation was conducted on April 01, 2022.

The company's website, Ellcod Promotional Services, details a comprehensive suite of services, including online catalogues, corporate gifts, sponsorship merchandise, and even catering services. It positions itself as a provider of "brand awareness" solutions, offering everything from eco-friendly products to trophies and awards. The site emphasizes experience, quick solutions, and competitive pricing, targeting businesses of all sizes. There's a contact form and phone number, but the website is not currently active.

Financially, Ellcod Promotional Services presents a mixed picture. Cash bank on hand remains steady at £230,000, a positive sign of liquidity. However, accumulated depreciation impairment property plant equipment increased by 11% to £3,600. Creditors decreased by 6.4% to £15,000, suggesting improved debt management, but property plant equipment decreased by 25% to £1,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in property plant equipment raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Ellcod Promotional Services is holding steady, but the decline in property plant equipment and the lack of employee growth suggest a cautious approach. The company’s focus on promotional services and its commitment to customer service should help it navigate the competitive market, but keeping a close eye on the financial details is important.

Registered in England/Wales under the registration number 08286908, with a registered address at HA7 1JS, United Kingdom, Stanmore, Middlesex, Devonshire House, 582 Honeypot Lane.

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