Emerald Restorations Limited

Emerald Restorations Limited is a small, active company based in Norwich, UK, established thirteen years ago in 2011. With two employees and £902,720 in assets, it operates from a virtual address, a detail worth noting as seventy-five companies are registered at the same location. The company is a family business, overseen by two directors and two owners, with ownership details changing three years ago.

The company’s core activities are a mix of importing and exporting. While it’s an irregular importer, bringing in art and antiques for a single month in March 2024, it’s a regular exporter, specializing in vehicles, parts, and accessories—a consistent 32-month activity with the last operation in October 2024. The company operates in the maintenance and repair of motor vehicles industries.

Financially, Emerald Restorations Limited presents a stable picture. Current assets remain consistent at £902,720, while net assets have increased by 2.5% to £790,000. Bank borrowings have decreased by 16%, and cash reserves have increased by 1.7% to £880,000. Trade debtors have decreased by 22%, and creditors have also decreased by 16%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is likely due to the company's small size.

The company's financial data suggests a healthy position, with increasing net assets and stable cash reserves. The decrease in debtors and creditors indicates improved debt management. While the company’s financial performance is solid, the virtual address raises questions about its operational infrastructure.

Registered in England/Wales under the registration number 07852393, with a registered address at NR1 1RY, England, Norwich, Norfolk, Yare House, 62-64 Thorpe Road.

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