Ellwood Contractors Limited

Ellwood Contractors Ltd from Mold UK is a small, active company founded ten years ago. It employs four people and holds £501,978 in assets, operating from a virtual address. The company has one director and one owner, and regularly imports machinery, boilers, and mechanical appliances – parts, with the last import operation made in September 2023.

The company operates in the support activities for crop production industries. Its registered address is CH7 1EJ, United Kingdom, Mold, Flintshire, Office 5, Belgravia House, Grosvenor Street, which is probably virtual as fourteen companies registered at the same address.

Financially, Ellwood Contractors Ltd shows some concerning trends. Accumulated depreciation on property, plant, and equipment increased by 25%, while the number of employees decreased by 25% to just three. Cash bank on hand dropped by 18% to £86,000, and creditors remained steady at £190,000. Trade debtors, however, fell by a significant 62%, suggesting better debt collection or reduced sales. Equity also decreased by 1.3% to £340,000. The company’s small size—meeting two of three criteria for being small—helps it remain agile, but the decline in equity and cash reserves warrants attention. The lack of an auditor mentioned, likely due to exemption as a small company, means the figures are unaudited.

The company’s financial data reveals a mixed picture. While it’s managing its creditors well, the drop in cash reserves and trade debtors could indicate a need for closer financial monitoring. The company's current assets remained steady at £500,000, but the decrease in cash reserves is a cause for concern.

Registered in England/Wales under the registration number 09156921, with a registered address at CH7 1EJ, United Kingdom, Mold, Flintshire, Office 5, Belgravia House, Grosvenor Street.

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