Envisio Ltd

Envisio Ltd, based in Darwen, UK, is a small, active company founded eight years ago. With two employees and £88,785 in assets, it’s a solo-founded operation led by a single director and owner. The company operates in the other construction installation industries and is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings—just one month of imports were recorded as of October 2024. It also runs an audio visual consultancy.

The company’s website, while not providing extensive detail, suggests a focus on custom audio visual solutions. It’s unclear how closely the consultancy and import businesses are linked, but both emphasize bespoke services and British expertise.

Financially, Envisio Ltd shows a mixed picture. Current assets decreased by 11% to £89,000, while net assets dropped by 2.5% to £72,000. Bank borrowings decreased by 40%, a positive sign, and cash reserves fell 27% to £36,000. Trade debtors decreased by 27%, which could indicate better payment collection, and creditors increased by 11%. 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 stay nimble, but the decrease in equity raises some questions. There’s no auditor mentioned, likely due to its small size, so the figures are based on unaudited statements.

The company's financial data shows a trend of decreasing cash reserves and a slight decline in net assets. While the reduction in bank borrowings is encouraging, the company might be burning through cash faster than it's generating revenue. The decrease in trade debtors suggests better management of payments, but the increase in creditors could indicate a reliance on short-term financing.

Registered in England/Wales under the registration number 10272975, with a registered address at BB3 3JJ, England, Darwen, Unit 3 Tower View Development, Brussels Road.

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