Eqd Limited

Eqd Ltd from Gloucester UK is a small, active company founded 33 years ago, in December 1991. It employs just two people and holds £92,129 in assets, operating from a virtual address. The company is a family business with one director and two owners. It regularly imports and exports toys, games, and sports equipment—85 months of imports and 4 months of exports recorded, with the latest activity in August 2024.

The company’s website, EQD Direct, functions as an e-commerce platform selling teaching and learning resources, particularly fabric wallcharts and related items. The site features a wide range of products, from alphabet charts to puppets, catering to schools, nurseries, and home use. It also offers a fabric map and bean bags, and even has a Shopify alternative modal dialog title. The website’s design is simple, with a focus on product listings and a shopping cart functionality. It’s clear that EQD Direct is a retail-focused business, leveraging online sales to reach a broad customer base.

Financially, Eqd Ltd shows some concerning trends. Current assets have decreased by 26%, dropping to £92,000, while bank borrowings have increased by 120%, reaching £17,000. Creditors have also risen by 16%, reaching £73,000. Debtors have plummeted by a significant 76%, suggesting potential issues with customer payments. Equity has also taken a hit, with retained earnings decreasing by 70%. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the decline in key financial metrics raises questions about its financial health. There is no auditor mentioned, which is likely due to its status as a small company.

Overall, Eqd Ltd appears to be a small, family-run business facing some financial pressures. While its e-commerce operation seems active, the declining asset base and rising debt suggest it may be burning through cash. Whether it can sustain its operations and turn around these trends remains to be seen.

Registered in England/Wales under the registration number 02674585, with a registered address at GL3 4AD, United Kingdom, Gloucester, Gloucestershire, Epsilon House The Square, Gloucester Business Park.

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