Enalees Ltd

Enalees Ltd, a small, active company based in London, UK, was founded three years ago and currently employs two people. With £52,617 in assets and a virtual address, the company operates with three directors and one owner, boasting a perfect 5.0 Google rating from a single review. It’s a regular importer of optical and medical tools and devices, with three months of import activity recorded as of February 2025.

The company’s profile suggests a focus on veterinary activities, operating as a diagnostic center in Northallerton. Its registered address, though shared by sixty-four other companies, points to a potentially virtual setup. The company's website is not available, making it difficult to determine if it operates an e-commerce platform or primarily engages in business-to-business transactions.

Financially, Enalees Ltd’s recent performance shows a mixed picture. While cash bank on hand increased by 12% to £29,000, net current assets and liabilities plunged by a staggering 1200%, reaching -£400,000. Creditors have risen dramatically, increasing by 580% to £460,000, while debtors have doubled to £24,000. The company’s average number of employees has doubled to four, which could be contributing to the increased expenses. Trade debtors have increased by 100%, which could be a sign of delayed payments. The company’s equity has also seen a significant decline, dropping 930% to -£410,000. Recoverable value tax has increased by a whopping 2700%.

Despite these challenges, Enalees Ltd meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited. The company’s reliance on imported medical devices, combined with the sharp decline in equity, suggests it may be burning through cash faster than it’s generating revenue. The rise in creditors could indicate a need to secure additional funding or renegotiate payment terms.

Registered in England/Wales under the registration number 14087242, with a registered address at EC2R 8DU, United Kingdom, London, 8th Floor South, 11 Old Jewry.

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