Eqofluids Uk Ltd

Eqofluids Uk Ltd, based in Bradford, UK, is a small, active family business founded nine years ago. With four employees and £457,375 in assets, it operates from a real address and is managed by three directors and two owners. The company is a regular importer, specializing in machinery, boilers, and mechanical appliances—parts, with 36 months of import activity recorded. It’s a wholesale distributor of aluminum tube and fittings for compressed air systems, and also sells to distributors.

The company’s website highlights its role as a UK supplier of Eqo Fluids, a European manufacturer of fluid and air pipework systems. It caters to a range of clients, from small workshops to large industrial plants, offering solutions for compressed air, nitrogen, vacuum, oil, and water distribution. The website also showcases installations at various locations, including Power Electronics Valencia and Glenlivet.

Financially, Eqofluids Uk Ltd’s recent performance presents a mixed picture. Current assets declined by 8.9% to £460,000, while net assets dropped 17% to £280,000. Bank borrowings remained steady, but cash reserves decreased by 39% to £110,000. Creditors increased by 3.6% to £200,000. The company’s turnover decreased by 7.8% to £93,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in equity suggests a need for careful financial management. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

The rise in accrued liabilities, up 1500% to £51,000, is a significant change and could be a result of increased operational expenses or delayed payments. The amount specific advance or credit made to directors increased by 99% to £36,000, which could indicate investment or financing. Overall, Eqofluids Uk Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 09851043, with a registered address at BD4 8NW, United Kingdom, Bradford, Unit 11 Commerce Court, Challenge Way.

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