Encompass Grp Ltd

Encompass Grp Ltd from Haverhill UK is a small, active company founded seven years ago in 2017. It holds £145,159 in assets and operates from a virtual address, registered at 31 High Street, CB9 8AD, though seventy-four companies share this address. The company is run by a single director and owner, Ferrari Tony David, and is a solo founder. It’s a regular importer, specializing in optical and medical tools and devices, with nine months of import activity recorded, the latest in December 2024. The company operates in the other education n.e.c. industries.

The company’s website, Espace, focuses on providing training and support for tachograph technicians. It offers initial and refresher courses, audit services, and parts, catering to a niche market within the automotive industry. The site highlights its expertise in DVSA-approved training, parts supply, and calibration support, with a particular emphasis on Smart Tachograph technology. The website also advertises parts and support for various manufacturers, including Continental, VDO, and Stoneridge, suggesting a broad network of suppliers and customers. It’s clear the business is centered around a technical portal and training services, rather than a traditional retail operation.

Financially, Encompass Grp Ltd shows a mixed picture. Current assets increased slightly to £150,000, while net assets rose to £120,000—a positive sign. However, bank borrowings decreased by 60%, and cash reserves fell by 46% to £32,000. Trade debtors increased significantly by 38%, which could indicate a reliance on customer payments or an expansion of credit terms. Depreciation on plant machinery increased by 980%, which might reflect new equipment investments or a change in depreciation methods. 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 remain nimble, but the decrease in cash reserves warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Encompass Grp Ltd appears to be a stable, albeit small, business operating in a specialized market. The decrease in cash reserves and increase in trade debtors are areas to watch, but the company’s focus on training and support for tachograph technicians suggests a resilient business model.

Registered in England/Wales under the registration number 10958347, with a registered address at CB9 8AD, England, Haverhill, Suffolk, 31 High Street.

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