Egl Group Ltd

Egl Group Ltd from Burton-On-Trent UK: a small, active company founded fifteen years ago, employs seven people, and holds £916,651 in assets. It’s a family business with a real address, managed by two directors and two owners, and operates an e-commerce site with a stellar 5.0 Google rating from 39 reviews. The company regularly imports clocks, watches, and their parts—a consistent 13-month import history, with the latest activity in December 2024.

The company’s website, Engravers Guild, specializes in personalized gifts, particularly engraved items. It offers a wide range of products, from hip flasks and pocket watches to necklaces and bracelets, catering to both men and women. The site is well-organized, with clear categories and price ranges, and even offers gift ideas for various occasions like birthdays, weddings, and Christening. It's a well-established business, even boasting a showroom in Harrods, London.

Financially, Egl Group Ltd presents a mixed picture. While current assets increased by a respectable 32% to £920,000, net assets also jumped significantly, growing 47% to £600,000. However, bank borrowings increased by a considerable 680%, reaching £29,000, and trade debtors ballooned by 82%, suggesting a need to manage customer payments more efficiently. Cash reserves, however, fell 50% to £130,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in borrowings warrants attention. No auditor is mentioned, which is common for small companies.

Overall, Egl Group Ltd appears to be a thriving, family-run business with a strong online presence. While the increase in borrowings is something to monitor, the company's solid asset base and positive customer reviews suggest a healthy foundation for continued growth.

Registered in England/Wales under the registration number 06941710, with a registered address at DE13 9PB, England, Burton-On-Trent, New Inn Workshop Burton Road, Needwood.

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