E O Coatings Ltd

Eo Coatings Ltd, based in Wellingborough, UK, is a small, active company founded six years ago. With just two employees and £119,965 in assets, it operates from a virtual address – a detail flagged by the fact 101 companies are registered at the same location. The business is led by a solo founder who also serves as director and owner. It regularly imports and exports optical and medical tools and devices, with a nine-month history of imports and three months of exports.

The company’s website is non-existent, making it difficult to ascertain its precise operations beyond the import/export activity. However, the company description indicates it operates in the manufacture of optical precision instruments.

A review of the financial data reveals a mixed picture. While the company’s net assets remained steady at £140,000, current assets have decreased by 19% to £98,000. Cash reserves have also taken a hit, falling 9.4% to £79,000. Debtor values have decreased by 46%, which could be a positive sign of improved collection practices, or a reflection of reduced sales. Creditors have also decreased, suggesting better debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the drop in cash reserves is something to watch. No auditor is mentioned, which is common for small, exempt companies.

Overall, Eo Coatings Ltd appears to be navigating a period of change. While it’s maintaining its import/export activity, the financial data suggests a need for careful management of cash flow.

Registered in England/Wales under the registration number 11887057, with a registered address at NN8 5AA, England, Wellingborough, Northamptonshire, Venture Court, 2 Debdale Road.

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