Eon Enterprise Europe Ltd

Eon Enterprise Europe Ltd is a small, active company based in Birmingham, UK, founded five years ago in 2019. Employing just one person, it holds £56,116 in assets and generates a substantial £1,025,411 in yearly revenue. With a real address and a 5.0 Google rating from three reviews, it's a well-regarded, albeit small, operation led by one director and three owners—a solo founder at its core.

The company operates in the non-specialised wholesale trade and retail sale via mail order houses or via internet industries. It’s a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It's a tight-knit operation with a director who’s recently changed, and owners who have also made changes recently—a good sign for potential sales opportunities.

Financially, Eon Enterprise Europe Ltd shows a mixed picture. While turnover increased by a healthy 34% to £1,000,000, net assets surged by an impressive 810% to £60,000. Cash bank on hand also increased significantly by 310% to £7,400. However, administrative expenses rose by 4.6% to £200,000, and the company's losses deepened to -£67,000. The number of employees has doubled to two, which could be contributing to increased costs. Trade debtors rose by 31%, suggesting potential delays in customer payments. The company's creditors decreased by 82%, which is a positive sign for debt management.

As a small company, Eon Enterprise Europe Ltd is likely exempt from an audit, relying on unaudited statements. The recent changes in ownership and directorship, combined with the fluctuating financials, suggest a company in transition—perhaps expanding its operations or facing new challenges. It’s a company with potential, but its long-term success will depend on managing its costs and maintaining its strong customer reviews.

Registered in England/Wales under the registration number 12237719, with a registered address at B11 3QU, England, Birmingham, 182 Tynedale Road.

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