Epic Global Enterprises Ltd

Epic Global Enterprises Ltd, based in Derry, UK, is a small, active company founded eight years ago in 2016. It operates with a single employee and holds £12,739 in assets, using a virtual address shared by sixteen other companies. The company is led by two directors, with Doherty Edmund listed as both owner and director, and boasts a perfect 5.0 Google rating from four reviews. It’s a solo founder operation.

The company’s website reveals a focus on retail sale via mail order houses or via internet. While the business description is brief, it suggests a focus on online commerce, potentially selling goods directly to consumers. The site isn't particularly detailed, but it does indicate a focus on providing products through online channels.

Financially, Epic Global Enterprises Ltd presents a mixed picture. Cash bank on hand has fallen significantly, dropping 81% to just £4,100. Creditors have risen 16% to £66,000, while debtors have increased by a staggering 220% to £8,700. Equity has also seen a substantial decline, dropping 60% to -£53,000. Despite these challenges, trade debtors have increased significantly, which could indicate a growing customer base, or potentially issues with payment collection. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the declining equity is a cause for concern. No auditor is mentioned, reflecting its exemption as a small company.

Overall, Epic Global Enterprises Ltd appears to be navigating a period of financial strain. While its online retail operations seem active and well-regarded, the company needs to address its declining equity and manage its creditors effectively to ensure long-term sustainability.

Registered in Northern Ireland under the registration number NI639628, with a registered address at BT48 7EP, United Kingdom, Derry, 21-23 Clarendon Street.

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