Enlinea Ltd.

Enlinea Ltd from Glasgow UK: a small holding company with an active status, was founded 20 years ago and employs 10 people. It holds £368,507 in assets, operates from a real address, and is managed by three directors and one owner, boasting a respectable Google rating of 4.0 from 12 reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity recorded just one month ago.

The company operates in the other information technology service activities industries. Its website is currently unavailable, so it’s difficult to assess its online presence and customer interaction.

Financially, Enlinea Ltd presents a mixed picture. While current assets increased slightly to £370,000, equity decreased by nearly 5% to £80,000. Bank borrowings increased significantly, reaching £29,000, and cash reserves fell by 80% to a meager £11,000. Trade debtors also rose sharply, reaching £350,000, suggesting potential issues with customer payments. On the positive side, creditors decreased by 21%, indicating improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the drop in equity is concerning. No auditor is mentioned, so the figures are unaudited.

The company’s increased reliance on bank borrowings, combined with the decline in cash reserves, suggests it may be burning through money faster than it’s generating revenue. The rise in trade debtors could be a sign of customers delaying payments, putting further strain on its finances. However, the decrease in creditors shows some progress in managing its short-term liabilities.

Registered in Scotland under the registration number SC269861, with a registered address at G2 5RL, Glasgow, Ground Floor, 278a St Vincent Street.

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